July 19, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 0.2% in negative at 10957
- AD was 1:2
- option writing support 10800

5 min charts:
- first signal was a sell signal at 9.45am
- but this had to ignored as it came at a very good support (prev day low)
- next signal was buy and this too was ignored as it came near 11000

- first hour high low was never crossed during the day so no signals here also

- price action traders would have considered long at 9.50am bar

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