Here is a profile and vwap chart of the NF march contract from the time the seller took control at 5680 NF on the 22nd.
The chart shows the vwap currently at 5486 which is also the settlement price for the series of last month.
The sellers will always be in with a chance as long as price stays below this point during the month.
The profile for the same period shows a move which is back in value after the sell off yesterday. We also spoke about the pull back high of 5399 which has been crossed by the buyers and the market has hit 2IB at 5444 currently.The lower value area stands now at 5390.
Below that declining vwap, the seller will continue to exert control.