22825-22860-22890 expected overlap auction as long as 22785 holds and above 22920 expected upmove. They did this overlap via OAIR in first session then pushed above above PDH 22920 only to leave tail then came down and cleared 22785 which got spike down close at low 22700. Failed auction at top and neutral extreme down day. Outside day. Spike down close. 22776-22690 spike zone. Staying in/below spike weakness..If stays above spike high bullish. Supply seen at top today and co

Expected weakness to continue below 22780 for 22665/22610 and NF had another drive down to get this at open itself then bounced to clear IBH failed to sustain and all day spent in balance then closed at dVAH. Gap down. Secured low. 4th day of one time frame down and very decent volume highest in the month. 22750 rollover zone for Oct. As long 22785 holds could do overlap auction with a bounce to 22825/22860/22890 rotate down. If stays above 22920 then could get 22955/22995/23

23050 expected to be a temp bottom and that goes means expected 22850 and they cleared 23050 via drive and probed 22850 today. Large selling tail and long liquidation auction with relatively higher volume. 22885-22900 res for next session and as long as staying below this could fill between 22800-22850-22900. Above 22900 could get 22935/22965/22995 reject extreme case 23030-23040 odds. If stays above 23065 then 23095-23110/23140-23150. Weakness could continue below 22780 for.

NF failed to sustain above 23150 in first session and gone for overlap in lower disbn of prev session for most of session then got squeeze up in second session above IBH then closed in upper disbn. Inside day. Double distribution up neutral extreme up day. Failed auction at low and selling tail. 23125 support for next session. 23230 res. If opens flat possible to fill this zone roughly and later above 23235 could move to 23265/23295-23310 reject and could take sm time to acce

NF opened with gap below yday buyers band zone of 23420-23440 and gone for drive down then stayed down all day to close at low. Gap down and selling tail. Double distribution down trend day. Volume relatively better in two months. Today's extn handle zone clean res for next session. As long as that zone 23190 holds odds to move down further. If that goes means then new range of balance for few sessions before next leg down odds. Solid reversal only above 23350 for the month n

NF cleared poor high of last session and ended as short covering profile at dPOC close today. 23420-23440 band seen buyers and they need to defend this zone and drive higher above PDH or gap after such short covering profile. Failing to do so could test lower balance/PDL then decide. Levels wise above 23480 could get 23510/23540 pause later 23575/23610/23640. Below 23420 could get 23390/23360-23350 bounce else below 23340 could get slow grind for 23310/23285/23250-23240. Once

PDH held and gone for PDL then cleared 2days low and 3days value today then settled at dVAH. Poor high. One time frame up stopped. Clean buying tail after 4IB down move. Outside day. 23350 support 23420 res for next session. failing to stay above 23420 could do overlap between 23420-23350 weak below 23340 for 23310/23285/23250/23220. If fails to stay below 23310 or 23350 and stays above 23380 then 23410-23420 if sustains 23470-23480/23510/23540 odds. Chart and data :

NF could not get follow through from Friday Supply and cleared 23440 res today at close to get 23475 then closed at dPOC. 3rd day of one time frame up and value in selling tail of 15/09. Weakness any only below 23380 to get 23350/23315/23285/23250. Not able to stay below 23410 could bounce to 23450/23480 squeeze above that for 23510/23540 balance later 23575/23605/23640 possible good res there if accepts then spike higher odds. Chart and data :

NF left a poor low at previous 3-1-3 profile POC zone and spent all day in balance then towards close swiped PDH and then settled at dPOC. Supply seen at close and if they get follow through down below 23350 then 23320/23285 bounce later 23250/23220 odds if sustains then 23185/23140-23125 possible if stays further then spike to 23080/23040-23020 odds. If fails to stay below 23290 and accepts 23350 then 23390/23425 later above 23440 squeeze to 23480/23520/23580 possible. Weekl

NF failed to stay below VAL and got drive up early in the day to clear PDH then could not sustain higher and all day gone for balanced auction then settled at dVAH. 3-1-3 profile with tails at both ends and balanced profile. 23250 support - 23310 pivot - 23390 res for next session. Could fill inside this zone if opens flat. Levels wise failing to stay below 23270 and move above 23310 could get 23340/23365 above that could test 23395 reject else 23440/23480 odds. If stays abov

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

NF had a gap down today after LL auction in last session. Staying below 23850 marked for 23820/23790 bounce else 23750 expected. They gone for 23725 all day and closed at dVAL. Another low volume long liquidation session with gap remained open. Back to back gaps now. 23705 support and 23795 res 23760 pivot for next session. Whichever extreme fails to get follow through could push it back to pivot then other extreme. Above 23795 could get 23830/23860 pause later above that cou

NF had a gap down and below 23970 marked for 23940/23910/23885/23850. They gone for long liquidation auction to get 23855 to close final gap left from July then closed at low. Gap down and selling tail day. 23935-23945 res for next session to seek for overlap and skew down for value area overlap and staying below 23850 could get 23820/23790 bounce else more liquidation towards 23765-23750 possible and staying below 23740 could spike down to 23710/23680/23640-23625. If fails t

Inside day with selling tail. As long as no acceptance above VAH 24090 likely to fill value area and test 23990-23970 bounce later 24940 odds for next session. Below 23940 could get 23910/23885/23850/23820. Above 24100 could test 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Weekly and monthly : Long liquidation week closed below dPOC. 24150 resistance 23940 support. Failing to stay above 24150 could test 24950 zone if comfortably accepts then

NF stopped 5days of one time frame down today with gap up. But could not sustain the gap and gone for all day downside skew to probe POC and then closed at low. Trend day down. Probable island profile from last session. Likely to have balance between 23950-24300 then decide. 24050 res for next session. If sustains 24090 reject else 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Failing to stay above 24050 could fill between 24050-23970 weak bel

NF had a gap down and got a test at Jul VAL area then remained all day in balance to close at dVAH. Gap down and bell balanced profile. Likely to deliver imbalance auction next. 5th day of one time frame down. Another good volume session. 23970 support and 24050 res. Above 24050 could get 24090 reject else 24130/24165-24180 reject odds. Anything above 24180 could push to 24220/24260. Reject 24150 zone could drop to 24060/24020 or failing to stay above 24090 and back below 240