Home

NF had supply in system at close in last session. They expected to hold below 22700 for follow through.. Above 22700 for for 22765 no rejection means squeeze expected for 22890 then till 23040. They got drive at open with volume above 22700 and all day had relentless squeeze to get till 23095 then dropped and closed at dPOC. Large buying tail and large short covering auction. 22850-22900 intra support next and 22780 solid swing support for the week/month. If 22780 goes means

NF had a large spike up close in last session. Not able to stay above 22870 expected drop to 22760 fill inside else 22720/22680 expected then below 22670 marked for 22630/22580/22550. NF opened lower and was stuck between 22820-22720 then later moved to 22580 then bounced and closed at dVAL. Negated spike low of last session and cleared POC. Double disbn down day. Supply seen in tape today and holding below 22700 they could push for overlap down in lower disbn and later follo

Sellers needed to stay below PDL else back to VAH and tail test expected and they failed at open and moved to tail zone then after balance cleared PDH as well as weekly high then closed at high. Large buying tail and short covering day. Large spike up close. 22675-22765-22879 spike zone. Stay above spike = more bullish and failing to do so could go for filling spike zone all day. Levels wise not able to stay above 22870 could drop back to 22760 and fill in between and later s

NF had a short covering profile and buyers needed drive/gap fails means VAL/tail expected..They got higher open above PDH failed and got open test drive down into value area and tested VAL and tail fully. Below 22580 marked for 22490 then 22365 and they got this move till 22370 then settled lower at dPOC. Large selling tail. Long liquidation auction. dPOC skew lower and closed there. Sellers need drive down and once done defend POC else back to VAH and tail test odds next. Le

NF started the last session with straight drive above strong res 22400 and then stayed higher all day.. Above 22420 marked for 22550 and they even cleared PDH 22610 then settled at dPOC. Large tail and short covering day. Closed at dPOC with secured high.Buyers need drive/gap up else retest of VAL/tail at low odds. Levels wise above 22680 could get 22720/22760 then above 22770 could probe 22810/22850/22900. Or not able to stay below 22470 and back above 22540 could get 22580/