September 6, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.4% in negative at 9916
- AD was flat (exactly 1:1)
- swing low support at 9700





5 min charts
- attempted 2 short trades, got stopped out
- did nothing thereafter
- in hindsight, the first short trade should not have been attempted
- reason is markets were taking support at prev day's low at 9916

- a long trade aound 9220 would hv given small profits

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