September 18, 2014

Market outlook

Trend is up with reversal level at 7540 spot... my tentative higher SL is now at 7850 spot.

VIX is at extremely low levels and I am getting worried now.

EOD charts

Hourly charts...  all short signals have been failing in this rally... this is normal and should not surprise anyone.

No short calls have been posted in this blog this year.

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