May 2, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed flat
- markets trading in last 3 days high low... so today's movement can be ignored
- AD was flat but VIX jumped 5%
- option writing support 9000

5 min charts
- today we had a bull trap and a bear trap
- luckily for me, I was out of market so got saved.
- arrows on show depict buying or shorting areas

No comments:

Post a Comment