SNX FRVP analysis

Using the fixed range volume profile tool over the last two days, we can see we have a POC at ~1.628. The last rally from approximately the 5th-11th resulted in a POC at around 1.511 which we hovered around dipping slightly below before starting the next rally up. If we follow the same trend this weekend, we should treat 1.628 as the POC before heading higher. Breaking the 1.745 resistance line will signify a breakout to the upside. Considering that VPOC has been increasing each rally, this could point to a potential breakout within the next 16-24 hours.
Obviously, this is a short-term analysis, so we will see shortly if it is invalidated.