February 21, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today, NF closed 0.4% in positive at 10397
- AD was negative at 2:3
- VIX down 6%

- option writing support at 10000 (March series)





5 min charts
- 3 sell signals as per arrows
- last signal is unreliable
- small horizontal lines denote trailing SL

- I took all trades... average profits



Hourly charts
- trend is down
- below 10300, expect some more correction
- above 10430, expect rally of 200 points

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