Normal variation range extended
Market gapped lower at the opening today opening at 1190 levels. First the market tried to go down to the 1180 levels, this levels were rejected. This was the glue we had that the conditions from last week were not changed and that the market was going to trade higher as the it was forming value in 1190. Following the 10 handle increments market went to 1200 levels for the end of the day and closed there:
1203.50 m
1202.75 m
1202.25 m
1202.00 m
1201.50 m
1201.25 m
1201.00 m
1200.50 m
1200.00 lm
1199.75 m
1199.50 m
1199.25 lm
1199.00 l
1198.75 l
1198.50 m
1198.00 l
1197.75 m
1197.50 m
1197.25 l
1197.00 lm
1196.75 l
1196.50 l
1195.50 l
1194.75 l
1194.25 l
1194.00 k
1193.75 k
1193.50 kl
1193.00 ek
1192.75 ekl
1192.50 jk
1192.25 efk
1192.00 efjk
1191.75 efjk
1191.50 ef
1191.25 fjk
1191.00 efjk
1190.75 aefjk
1190.50 efjkl
1190.25 ejkl
1190.00 efjkl
1189.75 afl
1189.50 0aefjl
1189.25 dfjl
1189.00 fgjl
1188.75 adefgij
1188.50 dfgi
1188.25 adfgi
1188.00 adegi
1187.75 adegij
1187.50 aegi
1187.25 adeij
1187.00 dehij
1186.75 acdghij
1186.50 acghi
1186.25 bcdgh
1186.00 abcdgh
1185.75 abcdh
1185.50 cdgh
1185.25 bch
1185.00 abch
1184.75 bc
1184.50 bch
1184.25 abcd
1184.00 abcd
1183.75 bc
1183.50 abc
1183.25 bc
1183.00 b
1182.75 b
1182.50 b
1182.25 b
1182.00 b
1181.75 b
Tags: 10 handle increments, 10 handle rule, Market Profile, normal variation, range extension


