December 20, 2016

Market outlook

Daily charts
- trend is down on daily charts
- today markets closed in the red
- AD was negative, VIX down 2%
- open interest at 8000 put and 8300 is almost same.
- expect bigger fall if 8000 breaks




5 min charts
- break of first box was sell signal
- cover on breakout from second box
- did not trade today


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