August 16, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 1.1% in positive
- AD was 2:1
- resistance around 10000
- swing low is now increased to 9700
- weekly close below this will confirm trend reversal



5 min charts
- first short signal to be ignored (as trend on 15/ 60 min charts turned up)
- second up arrow is safest long trade
- cover at close

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