Plan - Tuesday

Overnight

Current Range: 2158.25-65.00

TPO Value: 2159.75-63.25POC: 2162.50

Volume Value: 2160.25-63.25 VPOC: 2161.00

Overlapping higher to prior day's value, poor high and low

Prior settlement: 2162.25

Daily Market State: Neutral

Weekly Market State: Bullish

Plan

Yesterday the market rejected the upper distribution HVN at 67 and attempted to trade across the range value area but failed leaving a poor low.

Scenarios:

1. We could see either a further attempt to the range value low at 53.50 and potentially lower.

2. Attempt higher and reject the 64.25 LVN then continue lower

3. Rotate between the 59.25-67 HVNs

4. Push through 67, hold and make new highs with a breakout or breakout failure.

Zones of interest below: