August 20, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 0.7% in positive at 11551
- AD was flat
- option writing support jumps to 11400 from 11000
- highest increase in OI was in 11500 put. Will this be new support?




5 min charts:
- buy at open
- cover at close



- was long intraday in 11500 call and converted to 11600 call positional
- similar trade in another account




15 min charts:
- trend is up



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