February 13, 2020

Market outlook

Daily charts:
- trend is down on daily charts
- today markets closed 0.2% n negative at 12175
- AD was flat

- past few days, no of stocks at 52 week lows is exceeding stocks at 52 week highs

- option writers see good support around 12000 this series





3 min charts:
- took short trade on first candlestick / break of support
- covered around 12165 F

- missed contra long trade around 12150 F

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