December 31, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed flat at 10862
- note slower pace of rally versus the prior fall
- however bias is bullish
- AD was 10:7
- option writing support 10500




5 min charts:
- rangebound market
- breakout above prev day's range failed so no buy signal
- did nothing today



30 min charts:
- close below 10900 will create a sell signal


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