- trend is up on daily charts
- faster reversal of last 4 days move hints at trend reversal
- trend will still be up as long as recent swing low at 7700 is not broken
- today, advance decline was negative
- option writing support at 7500
- faster reversal of last 4 days move hints at trend reversal
- trend will still be up as long as recent swing low at 7700 is not broken
- today, advance decline was negative
- option writing support at 7500
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