September 29, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed marginally in positive
- though opening was nice, markets rallied and sold off later in the day
- AD was positive at 2:1
- VIX down 5%
- swing low/ option writing support at 9700

5 min charts
- buy on breakout
- exit on trailing SL
- short trade not considered

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