The weekly shows a breakout above a large balance area.
Lets go to the Profiles next. Friday we gapped higher on news from China. Traders took advantage of higher prices to sell into the rally from the Open print. We 1-timeframed lower for 9 periods (30 min) - slow liquidation versus new money selling - Value was clearly higher and the market could not close the Gap at 2052.50. For Monday, my focus is on the Gap and the lower 3 day balance. Failure to fill the Gap keeps the market in balance or 1-timeframing higher. Acceptance back within the 3-day balance is negative and brings the prominent POC (2050) from Thursday last week into focus. Below that we have support at 2035-38 - 3-day balance lows and weekly POCs.