NF had a solid trend day by auction and volume for new ATH in last session.dPOC skew it had and upside marked for 25020/25080 for the move started in last session.
NF had a gap up above 25020 then closed gap and could not push below POC on that drive.It then failed the drive to push higher above IBH which failed to hold and whipped down to swipe IBL and gone for filling last session upper balance then closed at dPOC.
Two way auction neutral day closed at dPOC.
Failed auction at top with double print tail and buying tail at low.
Not much of supply into close. After a solid trend day good adjustment happened today suggesting balance odds. 24820 first support for week which held in whip down today. Next, sellers need to hold below 24975 early in session to push below 24910 which could test 24865 below that first sign of weakness and below 24820 quite weak to fill large extn zone of Friday trend day.
Not able to stay below 24865 and accepting above 24915 could go for overlap session filling today profile.
Levels wise for next session, not able to stay below 24860 and moving above 24910 could get 24945/24975/25005/25040 further bullish above that for 25070-25080/25110/25140. Failing to stay above 24960 and moving below 24915 could get 24885/248850/24825 then bounce possible and weak below 24820 for 24790-24780/24745-24735/24705-24690 then bounce else 24665-24650/24620 odds.
Charts and data :
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