15th Jan 2020

@9.00 AM

NF Closed at 12394

NF VAs
VAH - 12371
POC - 12357
VAL - 12345

Hypo - 1 - If price opens above YVAH, it might drive up to test 12420 / 12450 zones.

Hypo - 2 - If price opens inside YVA, it might balance a while and if price breaks 12370 with momentum, it might test 12420 / 12450 zone. If price breaks 12345 with momentum it might drive down to test 12300 zone

Hypo - 3 - if price opens below YVAL, it might drive down to test 12300 / 12240 zone.

Side Notes:
1) NF achieved new ATH @ 12412.5
2) 12370 levels was not able to break a while, K period broke and formed single prints from 12370-12390.
3) VAs of 13th Jan and 14th Jan are overlapping and both formed PPOC, very important levels to watch how price auctions
4) ViX was trading 2% down and closed at 13.91

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