NF held below 24225 res all day to get down side probe 24140 few times but could not extend down then got a squeeze into close then ended with spike at high. FA low. Neutral extreme up day. Spike up close. 24355-24400-24495 spike zone. Staying above 24490 bullish for 24525/24560/24600/24630-24650. Failing to stay above 24490 could fill back till 24420 hold else weak for 24380/24345/24310/24280. Charts and data :

NF cleared poor low of last session early at open and gone down below 24360 and probed downside obj till 24295 then reversed to get IBH swipe then settled at PDL. FA low. Neutral center day. Technically 8th day of one time frame down testing Jul value area today. No inventory back up from buyers at close. Failing to stay above 24400 early in session could drop to 24340/24310-24295 then bounce and balance odds and later staying above 24400 could get 24430/24470 squeeze clean a

NF gone for repairing yday squeeze zone of LL profile all day today then settled at dPOC. Failed auction at low. Inside day. Neutral center day with poor volume again. Same 24420 support for next session. Holding that could bounce to 24470/24500 staying above that 24530/24565 pause later 24595/24625/24650 possible. Failing to stay above 24530 and back below 24480 could get 24450/24420 weak below that for 24390/24360/ if sustains 24320/24295 odds. Chart and data :

DD down day last session. 24625 marked as res and they opened higher above PDH but could not sustain above PDH/IBH and gone down to test last session lower disbn then bounced to vwap and then clsoed at dVAL. Failed auction at top. Neutral day with 3IB down move. Failed DD day. NF getting into balance mode clearly after one time frame up since 23650 for 7 sessions. Profiles and auction suggesting balance could continue for the week. 24665 pivot for next session. Above that cou

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 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. 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

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

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

Short covering profile with poor high for NF in last session.Buyers needed drive and they got that at open. Above 24160 marked for a move towards 24200/24235/24270 they got 24240 then came down to fail the drive and then after closing the gap bounced then had tight balance then spiked up for close at high with 24270+ probe. Failed auction at low. Neutral center day. Spike up close and 24247-24282 spike zone. Staying above spike low = bullish. 2nd day of one time frame up. Lev

Neutral extreme down day with solid excess top in last session expected to get follow through down further. Expected 24180-24110 fill then below 24090 marked for a move down towards 23950/23920 which they did today all day then closed at dPOC. Another neutral day with dPOC skew down and closed there. Double disbn down day. 24030-24070 good res for settlement tmw. Holding this band odds to fill lower back to 23940/23885 bounce else 23845/23810 odds and later below 23800 could

NF opened way down below PDL after spike up close. It has gone for open auction closing gap but stayed down entire session without much of follow throgh down and whipped badly in last hr both ways then finally resolved higher to close at high. Lower value neutral extreme up day with spike up close.24045-24085 spike zone. Failed auction at low. Market is dead with volume and range. Likely to continue same kind of auction next week too. 24020 support for next session to look fo

Short covering day from last session and gone for open auction today at start and fell short of 24160 upside obj then whipped at 24050 support then later got spike close clearing 24160 to get 24210 then closed at high. 5th day of one time frame up. Failed auction at low. Neutral extreme up day with spike close which makes 24080 as swing support now. Spike close. 24150-24210 spike zone. Stay in/above spike bullish else fill spike zone odds next. Levels wise. above 24220 could

NF failed to stay below VAL of 3-1-3 profile and left FA low to get VAH and selling tail test then closed at high. Above 23950 marked for 23985/24020 they got 23995 first then pulled back later did 24020. Inside day. Neutral extreme up day. Failed auction at low. Staying above 23950 odds to get follow through higher towards 24050-24060 then one pullback should hold 24020/23980 worst case else 23950 bounce again odds for next session. If stays above 24060 then 24090/24120/2416

Neutral extreme up day with spike close in last session. Failing to stay below 23260 and move above 23300 marked for 23365 then drive to get 23410/23440 expected.They gone for this move with open test drive to get 23410 early in the day then got 23440 held tight then got liquidation to get day low and closed at low. Neutral extreme down day. Failed auction at top. Auction incomplete at low. Volume was on lower side and seems day was used for inventory adjustment hence not abl

Bell balanced profile for NF on Thursdaty..Supply was there and no squeeze above 24060 expected a move towards 23820. They had sm whipping moves at open and margincally cleared 24060 but could not sustain and gone for 23820 and below then closed at low on Friday. Failed auction at top. Neutral extreme down double disbn day. Outside day. 3IB day. Spike down close - 23802-23711 spike zone. dPOC down at close. Sellers need to stay down holding below spike high and create value a

Short covering double disbn up day with POC up in last session. they had a higher open pushed above PDH failed to hold and pulled back down in IB which could not stay below POC, then bounced again to get just IBH swipe..then all day gone for tight range low volume auction and closed with spike down at low. Failed auction at top., Neutral extreme down day. Spike down - 23576-23627-23670 spike zone. Staying in/below spike zone = weakness ; above spike high = squeeze. Levels wis

NF had a 3-1-3 profile in last session and got higher open with drive above VAH of 3-1-3 which could not hold and failed the drive accepting back in value area which pushed for VAL probe then left tail at low and gone for clean extn higher above IBH and PDH then closed at dPOC. Failed auction at low. Neutral center day. Double disbn up day with dPOC moved to upper disbn and closed above it. Job of buyers to overlap in upper disbn then seek for extn higher further. 4days of on