January 3, 2020

Market outlook

Daily charts:
- trend is up on daily charts
- today nifty closed 0.5% in negative at 12227
- AD was flat (good sign)

- VIX up 10% (bad sign)

- NIFTY PE 28% (bad sign)

3 min charts:
- did not trade today
- market after fall was choppy (missed the first short and then later entry did not make sense)

Same chart with swing indicator

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