31st Dec 2019

@ 9.00 AM

NF Closed at 12332.4

NF VAs
VAH - 12326
POC - 12304
VAL - 12280

Hypo - 1 - If price opens inside YVA, it might drive down to test 12280 levels. If 12280 zone is breached with momentum, price might test 12200  / 12160 zone

Hypo - 2 - If price opens above YVAH, it might drive up and price must break YIB 12348 with momentum to head higher, else price might drive down inside YVA and do some balancing moves. Later it might break to test 12280 / 12260 levels

Hypo - 3 - If price opens below YVAL, strong sell zone, price might quickly drive down to test 12200 / 12160 zone.

Side Notes:
1) ViX finally was up by 6% consistently. expect fast price movements if the ViX continues to go up. ViX closed at 11.01
2)  Volume PoC and Price PoC are far apart, today's price auction will indicate if the volume is for sell or buy
3) Price closed below IB, strong move above IB (12348) is needed for price to be further bullish.

@ 9.07 AM

Pre-Open - 12247.1 (-8.75) - Flat open

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