Review & Plan - Friday
Yesterday's trend day higher has broken above value of the recent balance. The hourly chart below shows custom profiles as the ranges progress higher after a breakout, heading back towards the composite VPOC at 2061.50
Zones for today below - holding long bias unless market holds below overnight low (2027.00), which could then set up a short term liquidation towards the 3/16 VPOC at 2007.50
Review & Plan - Thursday
Yesterday's profile and zones above show a range extension higher following the FOMC news.
The move broke out of the recent balance area shown below, which continued overnight to the 161.8% extended retracement at 2027.25 before selling off back towards the balance area VPOC at 2006.75
Zones for today below: