February 16, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today NF closed 0.9% in negative at 10452
- AD was 1:5
- note strong resistance developing around 10600
- retest of recent lows quite possible
- expecting support around 10200 and then 10000




5 min charts
- day for short trades
- short trades as per arrows
- cover at close

- I exited immediately after 2 pm around 10480 F



Triangle on hourly charts
- size 300 points
- target 10900 or 10200 F

No comments:

Post a Comment

Share this...