May 23, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF close 0.6% in negative
- Advance decline was 1:4... VIX jumps 9%
- last few days, market is showing overlapping legs intraday
- above might mean correction has not yet started.4






5 min charts
- first trade was short trade
- cover near long signal
- I did not trade long
- Initiated second short trade in 2nd box
- stopped out on breakout
- did not trade short again

No comments:

Post a Comment