May 25, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 1.5% in positive
- AD was 4:1 while VIX dropped 10%
- option writing support 9300 (JUN series)
- increasing swing low to 9300 now





5 min charts
- breakout from range was buy signal
- cover at close
- fantastic gains today for option traders.

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