September 24, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today markets closed flat at 11588
- AD was 4:5

- after a 8% rise in 2 days, some consolidation is inevitable

- VIX is at 16.8% making options very expensive




3 min charts:
- markets were extremely rangebound
- traded first long as per arrow (buy near support)
- ignored the next 2 long trades

- tomorrow look at 11560 and 11660 as decision point levels



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