Thursday Prep
Yesterday's RTH session started with a move above the prior VPOC and squeeze through initial resistance, but buyers failed to push up into the all-time high and instead saw a sharp late morning break which removed the likelihood of further upside continuation and saw two-way action which finally had late longs give up with a break to the overnight low.
Overnight so far the range has been tight at 2381.25-86.50 on low volume, versus settlement at 82.25. Yesterday's afternoon breakdown point and VPOC will be important initial resistance for today. Short term bias for today is neutral/bullish, as there are air pockets below not yet filled.
These are my zones of interest for today: