February 21, 2017

Market outlook

Daily charts:
- trend is up on daily charts
- today markets closed in positive
- AD was flat, VIX marginally down
- note that with today's bar, Friday's bear bar is fully negated
- immediate support 8800 and then 8700
- expecting resistance near 9000 and 9200




5 min charts
- breakout from range was buy signal
- cover on close.


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