January 31, 2017

Market outlook

Daily charts
- markets close in negative
- AD was negative, VIX marginally positive
- today was first day of lower high lower low
- upto 2 such days are allowed
- option writing resistance 9000



5 min charts
- markets broke 2 day support around 8640 F
- did nothing today as I expected intraday volatility
- will not do anything tomorrow.


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