February 26, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today NF closed 0.9% in positive at 10583
- AD was 3:2
- VIX down 4%

- option writing support 10000
- swing high resistance at 10660





5 min charts
- buy on open
- cover at close



15 min charts
- trend is up
- there is no visually obvious support
- so I am using kplswing N=20 as SL for long positions
- you can use N=10 also as SL (if you are using N=20 for entry)





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