From a market profile day trading perspective, we opened above value and out of range which would have us thinking higher. Finding lows to buy initially was a good move but as the day developed with no price probes and profile extension to the upside with volume, it became obvious to fade the highs for lower and range plays ruled the day. This kind of day can be challenging – just when you think you should go long – the market goes short and vice versa. The day ended with a balanced profile – price acceptance. For tomorrow, we can stay in this balance, or we could establish value higher and fill the gap above or establish value lower and fill the gap below.