April 20, 2018

Market outlook

Daily charts
- trend is up  on daily charts
- today NF closed flat at 10564
- AD was negative
- VIX down 6%
- option writing support 10500

5 min charts
- did nothing today
- break from day's low was short  signal but very close to Wed's low
- breakout from range showed selling so not comfortable with long
- missed a buy around 10550 F

- circled area shows best/ safest buy. Wonder how I ignored it.

My indicator did a better job of trading...

15 min charts
- trend is up
- support 10525 F

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