December 18, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today was a volatile day with a gap down opening
- support around 10000 was retested so this level becomes increasingly important
- close was 0.5% in positive at 10388
- AD was flat (why?)
- close was also outside and above falling channel

5 min charts
- did nothing today as my stops were too deep

- in hindsight, close above first bar was buy
- one could have also bought knowing 10000 will not break this series.

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