August 4, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.53% in positive
- notice how NF is managing a close above 10000 for 6 days
- AD was flat
- option writing support 10000

5 min charts
- long trades as shown with arrows
- I took the first arrow and last arrow
- last trade was a whipsaw and managed an exit with no profit no loss
- in hindsight, last long trade should not have been taken.

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