December 8, 2016

Market outlook

Daily charts
- trend is down on daily charts
- today, markets closed 1.8% in positive
- AD was very good, VIX down 7%
- immediate swing high around 8300
- close above 8300 and near day's high will be very bullish
- option writing support 8000 levels




5 min charts
- buy signal at arrow
- cover at close


No comments:

Post a Comment