June 27, 2016

Market outlook

Daily charts
- trend is up on daily charts
- Friday's hammer bullish sign
- but sustaining above top is important
- so far bulls are just about holding the market; no strength
- breaking low of Friday bar can invite further downsides
- looks like 8000 will hold this series

Hourly charts
- trend down on hourly charts
- NF unable to cross Friday high

5 min charts
- first long trade was breakeven
- short trade gave small profits

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