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As the series draws to a close. It's been bull power throughout.the series.
To put things in perspective, here's a look at value and vwap for the month.
The chart shows :
In the top pane :
a) Vwap line in Orange
b) Standard deviation of vwap in green
c) Value areas for the month in Purple
d) POC in Orange at 5397 (along with Vwap)
e) Upper value area and Lower value area at 5485 and 5101 respectively.
In the middle pane
a) The effective volume is the net difference between buying and selling volumes for the day
In the third pane from the top
a) Open Interest for the NF
In the last pane
a) Total volumes for the day
Here's the same chart through a 30 minute candle, instead of the daily above-
The value areas developed are very important as we enter a new series from tomorrow.
I would be keeping a close eye on the 5580-5600 level to see if the buyers can manage to pull the market above that.