Long liquidation profile closed at dVAH on lower value day in last session..Failing to sustain above 17970 expected a drop to 17875/17850/17820 and got this in IB session with a move to 17835. First session good balance failed to sustain lower and got extension higher..Above 17970 probe was marked for 18040/18070/18105+ and NF got till 18085 then closed at dPOC. Double distribution up day negated 3days of one time frame down. Pullbacks in morning held mechanically and emotional run upside..Buyers advantage at close with dPOC pulled in upper distribution. If buyers are committed then need to defend 17980-18010 and sustain higher in upper disbn to rally further in next session..Failing to do so and accepting below 17980 could get 17925 and that goes means clean move downside towards 17830-17810 then quite a liquidation below possible. That weekly/monthly poor low structure and bounce to mean reversion discussed yesterday they started today to clear all the wall of worries in quick time..First zone 18050 cleared..Now holding above 17925 they should go for 18120/18200/ 18350 next.Below 17925 swing short with negation of 18080 for 17830-17800/17700-17650. Weekly : 4th week of overlap now and closed above dPOC.17925-17950 support for next week to move to 18120/18200/18350 then rotate down..Accepts there means 18420/18500 then rotate down. Below 17925 could get 17830-17800/17700/17600/17400/17200. Monthly : Dec printed outside month and closed at VAL of the month. Jan mid now, we have clean balance profile on monthly..Next week,we may resolve out of this balance.17800-18400 clean balance zone now..Whichever side gets cleared monthly could get clean extension to sustain and trend for good move of 350/500 points.If clears 17800 then 17950 becomes pivot as res.If 18400 gets accepted means 18200 becomes pivot as support. Charts : Daily Weekly Monthly Data : 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.