NF had a Outside day and NE up close with spike. They opened inside spike zone but could not save spike low and gone for last session VAL probe early in the day..Later remained in two way balance all day then closed at dPOC..
Spike of last session negated. Weakness.
3-1-3 profile closed at dPOC..Open next session decides auction..Sustain value area = trend else back to other end of value area then sustain that side.
Above 19640 could get 19665-19675/19700 if sutains 19735/19760/19790-19810/19840 possible. If fails to stay below 19565 and move above 19600 could get 19625-19640/19665-19675 then could remain in balance..Not able to stay above 19665 and move below 19620 could get 19595 if stays below that weakness towards 19565-19555/19525-19520 then should bounce else 19480/19450/19420/19390 possible.
Charts and data :
Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it.
Notes :
a) Check glossary page in website if any of the terms used in the post are not clear.
b) If images are not clear, click on them for enlarged view.
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