July 10, 2018

Market outlook

Daily charts:
- trend is up on daily charts 
- today markets closed 0.9% in positive at 10947
- AD was 2:1
- swing low 10600

- option writing support 10600 (resistance immaterial as trend is up)
- support likely to move to 10800





5 min charts:
- buy signal from first bar
- covered at close
- ignore sell signal as markets were rangebound

- 2 days trend very nicely easily up
- just buy at open and cover on close
- still people unable to make money



15 min charts:
- trend is up
- SL 10900
- signal generated from 10700 levels



60 min charts:
- trend is up
- SL 10850 F



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