Daily market summary of NF and charts, data of NF & BNF -09Nov'23

Range and volume quite lower last session with poor job from buyers..They needed clean range extension higher above PDH else dip expected below VAL of last session.They cleared poor high at PDH but could not get clean extension then gone for another bell balance overlap session to close below dVAL.

Back to to back balance profiles and 2day composite showing still supply.

6th day of one time frame up.

Buyers need gap or drive at open next sustaining above this 2days composite, to squeeze this supply which could get a move towards 19565/19590/19620.Once scales above 19545 they should not move below 19500.Not able to sustain higher could drop to 19440-19425 then bounce else more downside possible.

Swing long negation at 19460.

Charts and data :

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