December 5, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed flat at 10118
- AD was negative
- swing low 10100 broke intraday but nothing happened
- strong option writing support at 10000
- not much incentive for bears to short at current levels




5 min charts
- traded short in first box, covered in 2nd box
- went long in third box, covered in 4th box (hasty)



No comments:

Post a Comment