Two back to back 3IB days both with poor structure.
We had another neutral extreme day and it's easy to look at a closing figure on such days. You either get a close at DPOC or one at the extremes. Once the move was away from dpoc, it was clear that it would end the day at the extremes.
Profiles again don't have structure. Unlike yesterday the move down of today does not have value as dpoc remained up.
This proves that the move was not supported by strong hands. A look at the FNO data sheet uploaded by Kris and RM everyday support this statement.
As in every 3IB day, there are strong chances that the lows tomorrow will be made in the first session as what happened in today's trade where after a 3IB day a high was made early in the day.
Follow orderflow and levels. Trade smart.