March 27, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today markets closed 0.3% in negative at 11445
- AD was 4:5

- option writing resistance 11500-11600



5 min charts:
- trend has turned down
- I was short just before 12 pm
- the big spike of 40-50 points knocked me off
- the markets did subsequently come down

- in retrospect, the short was at wrong location


15 min charts:
- long and short trades are visible based on break of support/ resistance









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