- trend is down on daily charts
- markets form 2nd higher high but close at previous day's low
- note markets are opening gapup but closing everyday at day's low
- so any bounce is being met with selling
- option writing support at 7800 resistance 8500
- note option writing support has shifted down from 8000 to 7800 today.
- markets form 2nd higher high but close at previous day's low
- note markets are opening gapup but closing everyday at day's low
- so any bounce is being met with selling
- option writing support at 7800 resistance 8500
- note option writing support has shifted down from 8000 to 7800 today.
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