Mid-day Update (14th Sept)

The markets have opened above value and gone on to record 5845 as the high of the day.

We had a 2I day yesterday, which gives an almost 80% chance for the high of the day to be in already. A 3I day would have given us a 97% probability.

The IB range of 87 points is the biggest we have seen yet.

As long as the POC is protected there is no danger to the uptrend.

The POC is 5761 in the NF and 11840 in the BNF.