November 28, 2016

Market outlook

Daily charts
- trend is down on daily charts
- today, markets closed in positive
- advance decline was 2:1, VIX up 2%
- option writing support at 8000 resistance 8300
- NOTE: on lower timeframe chart (15min), trend has already turned up




5 min charts
- bit of a rangebound market
- small trade possible
- tomorrow, expect weakness below 8120 F





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