Looking at the past three weeks, breaking each week into its own micro composite to see the volume profile, and analyzing the profile as a whole (on the right) we have seem to come back into balance, closing just above the Point of Control since we hit the local bottom. This week I'm looking for an initial test lower and finding support around 270, if support holds looking for a move up to test the upper end of the value area in the 275 area. This is where we will get more info to whether we are going to continue higher or reject back to the bottom. Either way I feel we still haven't found the bottom, we will see how things shake out this week, enjoy the volatility I will continue to update this post throughout the week