1. Overnight inventory was in balance as compared to Friday close - a bit lower but mostly in balance.
2. Price went down in first half hour and stalled at Friday value area low - Went up from there.
3. It was a very rotational and a very choppy day but there are no serious selling. Overall volume was very low.
4. POC was 7 bar wide (>50%)
5. Value area was higher than Friday and entire last week.
Overall, insignificantly positive day.
Long term critical levels:
Weekly high/low: 309/282
Monthly high/low: 330/280
Recent high/low - 280 / 330, 372
Critical VWAP levels: Blue VWAP lines on the chart
Critical Fibb levels: 350, 330, 315, 285, 260, 200
2. Price went down in first half hour and stalled at Friday value area low - Went up from there.
3. It was a very rotational and a very choppy day but there are no serious selling. Overall volume was very low.
4. POC was 7 bar wide (>50%)
5. Value area was higher than Friday and entire last week.
Overall, insignificantly positive day.
Long term critical levels:
Weekly high/low: 309/282
Monthly high/low: 330/280
Recent high/low - 280 / 330, 372
Critical VWAP levels: Blue VWAP lines on the chart
Critical Fibb levels: 350, 330, 315, 285, 260, 200
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.