8th Jan 2020

@ 9.00 AM

NF Closed at 12115

NF VAs
VAH - 12138
POC - 12110
VAL - 12078

Hypo - 1 - If price opens below YVAL, it might drive down to test 12025 / 12000

Hypo - 2 - If price opens inside YVAL, it might balance for a while, later it might bounce up to test Y high (12180 zone) and then drive down towards 12025 zone.

Hypo - 3 - If price opens above YVAH, it might drive up to test 12180 and then it might head down towards 12000 / 11990 zone.

Side Notes:
1) Price closed above 6th Jan "E" single prints and VAs of 7th still hasn't shifted below the single prints.
2) 12180 zone acted as a strong resistance due to selling tail on 6th Jan.
3) ViX opened 10% down, but came up and closed flat at 14.61



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