November 13, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 1% in negative at 10225
- AD was negative
- swing low support 10100 and then 9700
- option writing resistance 10500

5 min charts
- my bias was long because of 3 big bars of previous day
- attempted 2 long trades as NF was nearing prev day's low
- both trades got stopped out in small loss
- did not trade short as markets were near support and fatigue set in

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