October 1, 2019

Market outlook

Daily charts:
- trend is up on daily charts
- today markets closed 1% in negative at 11360
- the index was down almost 2% at one time till recovery came in
- recent gap around 11300-11500 is filled

- AD was 4:15

- VIX up 6% to 16.7

- good support around 11200 levels




3 min charts:
- traded long on first candlestick (breakout above prev day high)
- stopped out in loss (breakout failed)
- initiated short and covered around 11500 F
- traded long when breakout below 11500 failed
- exited near day high
- third long trade failed
- traded short again on break of 11500 F
- covered on trailing 11380 F



same chart with swing indicator



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