3rd Dec 2019

@9.00 AM

NF closed @ 12091

NF VAs
VAH - 12108
POC - 12091
VAL - 12078

Hypo - 1 - If price opens below YVAL, price might drive down to test 12020 / 12000. if momentum creeps in it might test 11910 (22nd Nov 2019)

Hypo - 2 - If price opens inside YVA, between 12091 and 12078, expect balancing moves / choppiness before it starts to crack down. If price opens between 12108 and 12091, price might balance for a while. 12140 zone seems to be a huge resistance zone for price to go higher. it might test that zone again and crack down.

Hypo - 3 - If price opens above YVAH, it might test 12120 / 12140 zone.

Side Notes:
1)  The Zones to watch is 12140 and 12050 for further upside or downside.
2) 12050 - 12040 and 12020 - 12000 are strong single print zones which needs to breached with momentum.
3) 2nd Dec 2019 - ViX jumped 12% and cracked towards 2%. was strange.
4) More price auctions have to be seen to decide on the trend.

@9.07 AM

 Pre-Open - 12067.65 (+19.45)

@9.15 AM

 Open @ 12097. Open inside YVA. Breached below YVAL.

@9.30 AM

 ViX down by almost 3%. Another day for option sellers to enjoy.

@10.00 AM

 NF at days low. Another OAIR.

ViX 13% up.

Continuous swing up and swing down in ViX. strange behavior for the past two days.

In 15 minutes it raised and crashed 3 times.

Better to stay in sidelines and watch the game till the event day ends.

@12.05 PM

 First single print zone between 12040 - 12050 is taken out. Next zone 12020 - 12000

@1.21 PM

ViX turned flat again and price seems to be around 12010.

Again ViX 6% up.

@2.55 PM

Price couldn't penetrate above 12050 zone.




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