January 2, 2018

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed flat at 10442
- AD was negative at 1:2
- expecting support around 10300 (prev minor peak)
- option writing support 10300 resistance 11000




5 min charts
- trend was down on 5 min / 15 min charts since yesterday
- today covered all short positions
- reason: good support around 10450 on hourly charts

- tomorrow, sustaining above 10490 F can be bullish.. if not, one more short trade possible


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