NF stuck inside value area in first session then got a spike in mid session to get range extn higher failed to sustain and pulled back to VAH then closed at dVAH. 4th day of one time frame up. Another short covering day with poor volume. 24290-24300 support and holding this fill upper quad next and clearing 24380 could get drive to 24420/24460-24470 pause and balance and later clears 24480 means 24520/24560/24605 odds. Not able to sustain above 24470 could pullback and balanc

NF had a large gap then drive and cleared last week high then closed at dPOC. Gap up and buying tail session. 3rd day of one time frame up. Short covering auction. No data back up from buyers at close. They need initiative move to get drive or gap up else fill back in gap zone odds next. Levels wise 24260 support and holding that then clearing above 24360 could get 24395/24430/24470 and sustains 24480 means 24520/24560 odds. Not able to stay above 24380 and back below 24300 c

Inside day in upper quad of last session. FA top and neutral center day. 24150 and 24050 if sustains could get a directional move and fails to sustain then another overlap day in this zone possible next. If scales 24160 could get 24190/24220/24250/24280 if sustains 24320/24360 odds.If fails to stay above 24160 and grinds lower and breaks 24110 means could get 24080/24050 weak below that for 24020/23990-23980 if sustains 23950/23910-23890. Chart and data - Current month : Char

DD up day in last session and any follow through from PDH expected to get short squeeze..Above 23940 marked for a move to 23980/24020/24060. They had a gap up and got 23980 by IB period then pullback failed to hold below IBL and all day had slow skew higher towards 24020/24045 then closed at high. Gap up day negated 3days of one time frame down also negated swing short view with a move above 23940. Failed auction at low. Neutral extreme up close. We are back into July balance

NF had a gap down below composite low of July and stayed lower in first session then could not sustain below IBL then bounced and closed gap then after balance closed at upper quad. 3rd day of one time frame down. Poor low. Double disbn day with dPOC skew at upper quad and closed there. No inventory backup from buyers at close. Odds for pullback to 23720-23690 next session then may do overlap. If they get follow through higher instead at PDH then short squeeze odds. Levels wi

NF cleared multi day low in last session and if buyers not show up expected another liquidation. 23880 marked as bounce zone where they had open low today then bounced after gap down then closed gap later started accepting below PDL of b profile and cleared 23880 which probed downside levels marked 23850/23810 then closed at dVAL. Failed auction at top. 2nd day of one time frame down marking new low for the month on good volume day. Neutral day. Staying below 23810 could get.

Long liquidation day in last session. Considered weak below 24150 for 24080 no bounce means expected 23965. They gone for this move today with a probe till 23945 then settled at dPOC. Another long liquidation session with selling tail. NF cleared multi day low today.If buyers not show up next session then another liquidation move odds. 24050-23990-23950 likely to overlap if opens flat and above 24060 could get 24090/24120 reject if stays above 24140 then 24180/24215 and more

NF had dPOC skew higher at close in last session and failing to get drive up expected to have overlap in last two days value area.NF done the same all day today then closed at dPOC. Failing to stay above 24290 and back below 24260 expected to get 24180/24135-24120 and they got this probe today. Long liquidation day with selling tail. 24225 res and holding below could do overlap between 24220-24180-24150 weak below that for 24125/24090-24080 bounce odds else more weakness towa

Short covering double distribution day in last session and 24270 marked as good support. They straight away accepted below that at open.Marked downside move for 24180 bounce else 24150/24120 expected. They kept lower in first session and mid session marked low around 24120 then bounced to close at dVAH. NF seems going more into balance mode with today auction insights. They have closed with dPOC skew. Need drive up/gap up to stay higher else overlap into two days value area o

After a inside day marked 24160 as res and above that move expected to 24220 then 24280/24330. They got drive to get 24280 then gone for tight range auction then got final hour push to 24330+ to get weekly high and closed higher. Short covering double distribution day with decent volume which makes large buying tail of the day as good swing support now. 24270 good support next session and as long holds that odds to have overlap higher in second disbn of the day and above 2438

Failed auction at top and NE down in last session and marked 24120 and 24160 as good res to push down else 24190/24230 marked upside. They accepted 24120 and got open auction and probed 24220 then came down all day to get IBL swipe then closed at dVAL. Another FA top and neutral extreme down day. Double print buying tail low. Inside day. Seems another overlap day odds.Same 24160 res and accepts means 24190/24220 if sustains 24230 then 24270-24280/24330. Failing to stay above

Long liquidation day in last session. Failing stay below PDL expected to do overlap and test VAH and PDH. They gone for this move via drive straight from open and probe all upside levels till 24210 then came down to clear IBL/PDL quick then settled at dVAL. Failed auction at top. Outside day. Neutral extreme down day. 24120 then 24160 two res for next session to push down back to 24020-24000 that goes means 23965/23925/23890-23880/23850/23820-23810 odds. Above 24160 could get

Short covering profile with poor structure and no backup from inventory in last session. Below 24180 marked for a move to 24060 then 24020/23990. They opened lower and failed to sustain above IBH and all day stayed down to get 24020 then closed there at low. Long liquidation day. dPOC skew lower into close. Failing to sustain below PDL could go for overlap in value area and test VAH and PDH zone then fails to sustain higher means could rotate down again all day. Swing short e

NF had a large gap down but failed to get follow through down and got open rejection reverse then trend day which closed as failed trend day short covering profile at dPOC. Short covering profile with tails at both ends and dPOC skew higher. Buyers need drive/gap up failing could look for overlap poor value area repair auction. Entire move today was mechanical without volume and inventory backup. If buyers are committed they need to defend 24180 else either straight or via ch

NF closed as NE down day on Thursday. Expected 24120 tough to clear straight. But they opened above this level and got drive up to mark IB then all day tortures with tight range then closed at dVAH. Short covering profile with tails at both ends. Extn handle of 08/07 got cleared so its job of buyers next to get follow through higher to get high of that day after such tight session else liquidation possible next. Levels wise, above 24270 could get 24300/24330 if sustains 24365

After having 5IB down day NF today at open itself started driving up above res band 24000-24040 with volume into extn singles of last session. It probed upside obj till 24110 then got one whip to clear 24150 then rejected with tail then gone for tight range all day and closed lower at dVAL after swiping morning low. Selling tail and neutral extreme down day. Balanced profile in extn singles..Sustain below this profile is weakness and acceptance in value area = overlap odds an

NF had a spike down close and supply seen at close. They had a large gap open and stayed down in tight range to clear all downside obj marked till 24225 then had a clean extn down which cleared entire 2 weeks balance to probe till 23850 then closed at dPOC. Gap down. Failed auction at top. Stopped 5days of one time frame up. Neutral extrem down day. 5IB down day. dPOC down and closed there. 24040-24000 res band for next session. Holding below this odds to fill in lower balanc

After short covering profile in last session 24445-24460 marked as support and buyers needed to drive/gap up defending this then 24525/24565-24580 marked upside as probe. They got this in first session holding 24460. Failing to stay above 24560 and back below in value area below 24485 marked for 24445/24415 which they got in last hr and closed at low. Failed auction at top. Neutral extreme down day. 5th day of one time frame up. Spike down close. 24470-24405 spike zone. Tradi

Gap up and neutral center day in last session. Sellers needed early follow through down holding below 24365 instead stays above 24365 then expected 24395/24430 then 24460/24490/24520. They got a drive up to 24460 early in session then later had a good grind to get 24515 then dropped from there then closed at dPOC. Large buying tail and short covering profile. Buyers need drive up or gap up then defend POC all day next. Else overlap and test buying tail odds. Levels wise 24445

NF got gap up and drive up to complete IB then all day held in tight range and attempt to scale higher above IBH failed and gone down to swipe IBL then closed at dPOC. Gap up and higher value day. 3rd day of one time frame up. Failed auction at top. Neutral center day with dPOC down and close there. Sellers need to get early follow through down into gap else overlap in value area and retest FA top odds. Not able to stay below 24320 and accepting above 24365 could get 24395/24