The context

We saw responsive buying in the single prints yesterday and at 11.00 the NF is back at the gap low and the bottom of the 2 day range marked in yesterday's post.


Let's take a look at the developing story in the July future


Mp 41 The Context


The larger profile on the left is the developing profile for July and the next two smaller profiles below are the profiles from yesterday and that of today.


We are at the edge of the composite value in July which can turn into a pivot for a 40 point move either way today.


I'll update the chart at the close.