December 13, 2016

Market outlook - back from a short break

Daily charts
- trend is down on daily charts
- last few days movement is rangebound
- yesterday, markets closed in negative, VIX up 7%
- today markets closed in positive
- but AD was negative, VIX negative
- option writing support 8000 resistance 8300




5 min charts
- did nothing for 2 days
- my positional short in 8400 calls is still open (created on 9-NOV)


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