July 6, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.4% in positive
- AD was flat (or 1.3:1 more precisely)
- some resistance seen around 9700 levels
- above this, rally possible to 9950.
- option writing support 9400





5 min charts
- breakout from range was buy signal
- cover when trailing SL hit



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