24th Dec 2019

@9.00 AM

NF closed @ 12276.85

NF VAs
VAH - 12287
POC - 12276
VAL - 12257

Hypo - 1 - If price opens inside YVA between YPOC and YVAL, price might swing for a while and if price does not breach YPOC with momentum, it might drive down to test 12210 / 12190. If price opens between YVAH and YPOC, it might take support at YPOC and drive up to test 12300 / 12320

Hypo - 2 - If price opens below YVAL, it might drive down to test 12200 / 12190.

Hypo - 3 - If price opens above YVAH, it might drive down to take support at YPOC and then bounce to test 12300 / 12320.

Side Notes:
1) 23rd Dec was a neutral day
2) Price drove higher in the L period but unable to breach 20th Dec VAH and the IBH (20th Dec and 23rd Dec). If price does not take out 12290 with momentum, price might drive down swiftly
3) ViX was up and second half it crashed and closed at 11.96 (3% down)
4) Today open is important and any open below YPOC will be important to watch and short.
5) Watch how ViX reacts closely. 

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