February 9, 2016

Market outlook

Daily charts
- markets taking support around 7200 levels
- despite gap down opening, there was no selling during the day
- AD negative; VIX up
- option writing resistance 7600




Hourly charts
- markets rangebound on hourly charts
- key levels 7200-7400-7600



5 min charts
- markets rangebound entire day
- nothing to do


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