March 8, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today, NF closed in positive at 10243
- AD was flat while VIX dropped 7%
- sustaining above 10275 spot can be bullish
- a gap down opening can lead to new lows (unlikely)
- option writing support 10000 resistance 10500

5 min charts
- missed the short trade
- traded long from first circle
- cover at close

15 min charts
- I was hopeful of a buy signal today
- however no bar could close above 10255F

- kplswing indicator has given a buy... this may whipsaw

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