[Soultrader]

Couple of key levels for Tuesday.

*12250: 3/6 VPOC
12280: 3/7 low, monthly midpoint
*12290 - 12295: 3/5 high, s2, weekly pivot
*12320: 3/8 and 3/9 low
*12350: VAL, S1 cluster
12362: poc
*12400 - 12405: PP and VAH cluster
*12443: 3/9 and 3/12 high (look for internals to determine whether price will go to 12443 for the R1 pivot)
*12456: R1 pivot
*12500: r2 and monthly pivot cluster, psych level, 61.8% fib from 2/27 decline
*12600: VPOC from 2/27
*12650: 2/27 high

* indicates level I will be looking to trade at.

Once again, we have an overlapping value indicating a rangebound market. Pivot fades/ range fades should work in favor. 12500 will be an ultra key level to watch as this is the 61.8% retracement from 2/27 decline. Alot of sellers will be watching this level.