Daily charts:
- trend is up on daily charts
- today markets closed 0.5% in negative at 10831
- AD was 7:11
- past few weeks markets are apparently stable
- but a lot of stocks are making new 52 week lows
- eg. today almost 300 stocks 52 week lows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUGVsRSTdLAFbPTtUwfwby1bLQjDgPDKM9s2YRVTIvrDa7KWOsBBdcFiTUuq3u2aDeMUHBRjNDwRoAwFBHw3pEwmGKkd4njEfCTMQZbpzpMWEoBAW8hE4v8oR8H2VYXFWHmOVvO3GM70TO/s640/a.png)
5 min charts:
- took a positional short position around mid-day
- logic was trend is down and I was anyway close to SL
- covered half, holding rest (10800 PE)
- my guess is below 10850 F, fall of another 100-150 points possible
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRr0oVWlEPc7L84C9rMbGq9yotegLaQ6AbSL_w1x-wDUxNNejb1iftTWONydxWpGEH4ZzAfioODZMb4T5iqCR7OGWp6CJRqGti4_WIZRaQ4Sdzd_DLBfLY2gSjtmZqb-eRbgSHhU4CuA8e/s640/a.png)
30 min charts:
- good support around 10700
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5Il6BYbBWmp53lWN3UOxqVmDjoiMQNDSOAv6tFIJ5rQkGLjnKprtqP6EpfDHvPb7el2UHUrW2ylkMirrSBrvp3WUpMnHutxbFUKIZizUnPxghH17Plp1l8Tz6YuAM1blc5RZxDbtdSzmJ/s640/a.png)
- trend is up on daily charts
- today markets closed 0.5% in negative at 10831
- AD was 7:11
- past few weeks markets are apparently stable
- but a lot of stocks are making new 52 week lows
- eg. today almost 300 stocks 52 week lows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUGVsRSTdLAFbPTtUwfwby1bLQjDgPDKM9s2YRVTIvrDa7KWOsBBdcFiTUuq3u2aDeMUHBRjNDwRoAwFBHw3pEwmGKkd4njEfCTMQZbpzpMWEoBAW8hE4v8oR8H2VYXFWHmOVvO3GM70TO/s640/a.png)
5 min charts:
- took a positional short position around mid-day
- logic was trend is down and I was anyway close to SL
- covered half, holding rest (10800 PE)
- my guess is below 10850 F, fall of another 100-150 points possible
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRr0oVWlEPc7L84C9rMbGq9yotegLaQ6AbSL_w1x-wDUxNNejb1iftTWONydxWpGEH4ZzAfioODZMb4T5iqCR7OGWp6CJRqGti4_WIZRaQ4Sdzd_DLBfLY2gSjtmZqb-eRbgSHhU4CuA8e/s640/a.png)
30 min charts:
- good support around 10700
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5Il6BYbBWmp53lWN3UOxqVmDjoiMQNDSOAv6tFIJ5rQkGLjnKprtqP6EpfDHvPb7el2UHUrW2ylkMirrSBrvp3WUpMnHutxbFUKIZizUnPxghH17Plp1l8Tz6YuAM1blc5RZxDbtdSzmJ/s640/a.png)
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