Here are some Composites of the NF and the BNF Feb Futures. Charts annotated
Composite POC which provided support all this week to the BNF
The Formation of that POC is right above
The Current week Profile finished near VAL but the weekly Profile had value skewed upwards.
The NF held the lows near the 16th Jan reversal , even though it did not cross into the area fully
Structure above 19th Jan profile is well repaired now and all the anomalies we pointed out from Mid Jan are gone.
Current Profile is a Balance setting the stage up nicely for a breakout move in the coming week which would be better if it gives an intra day dip to 8660 zone before marching higher to 9342F. Even without the dip the Profile should be traded for a minimum of 9050 F on the upside.