- trend is up on daily charts but down on weekly charts
- on daily charts, a correction can lead to formation of higher swing low
- option writing clues for JUL series hints at support at 7900 and resistance at 8400
- this means option writers are expecting limited upside in JUL but a correction to recent lows.
- on daily charts, a correction can lead to formation of higher swing low
- option writing clues for JUL series hints at support at 7900 and resistance at 8400
- this means option writers are expecting limited upside in JUL but a correction to recent lows.
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