Almost a Holiday type of trade as volume is still split between the December and March futures contracts.

Notable Market Profile references for Tuesday on the March 2018 contract are the L/M period matching lows at the point of control, two ticks above half back at 2659.00, and Monday’s late high, which corresponds to the excess single prints above 2665.00 from the 12/4 profile, when the market made it’s latest all time high at 2668.00

Potential trade scenarios could include 1) look above or below balance and fail 2) look above/below balance and find acceptance at higher or lower prices 3) remain balanced.

Failure to take out the excess and and the all time high from 12/4 could see price rotate back into Monday’s balance, retesting the L/M low and potentially the low of day. Price acceptance below 2654.50 could target the prominent point of control from 12/8 at 2650.50. Further liquidation targets the high and low of the gap from 12/7.