November 27, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 0.5% in positive at 10686
- AD was slightly negative at 8:9
- option writing support 10500

5 min charts:
- stopped out from overnight long positions
- stopped out from next short trade

- did not consider the long trade at 1pm breakout
- here breakout bar was big and my SL too deep

Had I taken a long position in say 10700 call, there would have been wild swings... see chart after 1pm.

Any price action traders here? How would you have traded today's market?

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