June 9, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.2% in negative
- AD was flat
- swing low support 9300
- option writing support 9500





5 min chart
- short signal failed (not surprising considering the hammer)
- thereafter 2 buy signals
- first was a whipsaw depending on your SL
- 2nd buy was profitable if you took it

- I did nothing.

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