29th Jan 2020

@9.00 AM

NF Closed at 12075

NF VAs
VAH - 12150
POC - 12120
VAL - 12102

BNF VAs
VAH - 31030
POC - 30920
VAL - 30865

Hypo - 1 - If price opens inside YVA, it might balance for a while and later if it breaks YVAH, it might test 12180 / 12200 zone and if YVAL breaks it might test 12040 / 12000 zone.

Hypo - 2 - If price opens below YVAL, it might test YPOC and drive down to test 12040 / 12000 zone.

Hypo - 3 - If price opens above YVAH, it might drive up to test 12190 / 12200 zone

Side Notes:
1) ViX was Flat to positive. Closed around 17.3
2) HVN (Volume PoC) did not move below after the down move on both 27th and 28th Jan. Down move might be limited here.
3) 12040 / 12000 is an important zone, if price breaks can directly test 11900 zone (11th Dec VPoC). Any momentum move above YVAH, one can try long to test 24th Jan PoC 12250 zone.
4) price closed below IBL and small singles formed between 12093 and 12085.


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