February 9, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed flat. AD was flat.
- holding 8700, expect more upsides
- immediate resistance 9000
- option writing support 8500 resistance 9000





5 min charts
- breakdown from first box was sell signal
- cover short near previous day's low OR breakout from second box
- aggressive long could be considered near second arrow





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