NF had inside day in last session with no supply seen at close.Had open auction today at open saving PDL and gone for PDH early in the day then remained on tight balance all day then closed at high.
Short covering profile.
3days of balance closing above dVAH.Advantage buyers and they need to defend 25010-24970 band all day tmw..Drive/gap with volume could start fresh auction upside and once done should not come back into value.
24925 unfinished auction in this 3days balance..Any failure to stay higher above this 3days balance and moving below 24970 could easily clear this and sustains means more weakness.
Levels wise, not able to stay below 24970 and move above 25015 could get 25045 bullish above that for 25080/25110/25140 pullback else 25180/25210/25240 odds..Not able to stay above 25080 and moving below 25000 could get 24970 weak below that for 24945/24920-24910/24880-24865 bounce else 24835-24825.More weakness below 24820 for 24790-24780/24745-24735.
Charts and data :
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