December 6, 2018

Market outlook

Daily charts:
- trend is up on daily charts
- today NF closed 1.7% in negative at 10601
- AD was 1:3

- option writing support 10000 resistance 11000

- expecting support around 10500

- tomorrow, first hour low very important

5 min charts:
- traded short as per first arrow
- failed to take 2nd short signal just before 2 om

- covered all positional and intraday shorts today
- now holding short 11000 CE trade (hedged)

30 min charts:
- trend is still down
- in hindsight, I failed to add short positions at bearish engulfing bar

After a string of many small losses. I finally got some good money after a long time. Another 13K in 2nd account... both mix of intraday and positional.

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