March 21, 2016

Market outlook

Daily charts
- trend is up on daily charts
- today AD was slightly positive
- VIX was flat
- NF closes above FEB swing high
- NF holding well above recent resistance around 7550-7600 levels
- immediate support / swing low 7400




Hourly charts
- trend is up on hourly charts
- reversal level 7400



5 min charts
- probable long entry trades are shown on chart
- did not trade today; will start from next week






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