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NF gone for inside day repairing last session imbalance zone between POC and VWAP then settled at dPOC. Short covering profile. Gap up/drive up means defend value area all session. Gap down means likely to get follow through down all session. Levels wise above 23350 could get 23390/23440 if accepts 23480/23540/23580/23640. Below 23250 could get 23210/23140-23125 if sustains 23050/23010-22995/23960/22910/22880/22820.

NF opened higher above PDH but failed to sustain and had a drive down to clear support 23450, probed all downside obj till 23225 then closed there. Large selling tail and outside day negating 3IB up day from last session. Structure is broken..After day of balance or straight NF likely to probe more downside towards 23050/22850 in coming sessions. Immediate resistance 23450 swing wise and 23650 sealed for Sep. For next session, staying below 23180 could get 23140-23125 bounce

NF had a large gap down but could not get follow though down after gap then gone for gap close then settled at higher quad. 3IB triple disbn up day closing at 3rd disbn. Since upmove happened via triple disbn on lower value day considering this auction as inventory adjustment move. this view negates if we get higher value day next. 5th day of one time frame down. 23450 support for next session if holds then overlap in upper disbn odds. If gets gap/drive up then could stay hig

NF filled spike zone of last session for most of session then later in last hr resolved down then settled at dVAL. 4th day of one time frame down with value in spike. Staying below 23450 could get 23420/23380-23365 bounce and below 23360 more weakness towards 23325/23290/23260/23225. Not able to stay below 23450 could bounce to 23490 balance later could get 23525/23560-23575 and above that could spike to 23610/23640-23660.. Chart and data :

NF had a 3rd day of gap down and after OAOR resolved down. 23590 was downside obj which got met in IB itself then all day balanced and towards close spiked down to close at low. Gap down and spike down close. 23575-23525 spike zone. Solid res 23620-23640 band. 3rd day of one time frame down. Staying below 23575 odds to fill spike zone and below 23515 could get 23475/23435 sharp bounce odds which clears 23545 means could test 23575/23610 reject else 23650-23660 odds. If stays