Here is a 2 day profile of the NF:
The market is clearly in balance.
2 choices await our trading today :
1) The value area rule which will mean a trip back into the value area from current levels.The 2 day value area is the green lines and it’s the current lows of NF based on trading activity at 10.20 am .
2) Break of value and range which should set up the imbalance again.
Remember it’s balance to imbalance back to balance.
The Imbalance from Friday has been rectified and we are back in the mood to be in imbalance again.