May 2, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed flat
- markets trading in last 3 days high low... so today's movement can be ignored
- AD was flat but VIX jumped 5%
- option writing support 9000




5 min charts
- today we had a bull trap and a bear trap
- luckily for me, I was out of market so got saved.
- arrows on show depict buying or shorting areas




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