Market outlook

EOD charts

- trend is down on daily charts

- support 7700 resistance 8000

- note increasing whipsaws in buy/ sell swings in past month
- today markets up 1.7%, AD positive, VIX down 2%

Hourly charts

- NF closes above recent resistance at 7820 F

- next resistance 8000 levels

- immediate support  7700 F

5 min charts

- breakout above 7820 F was buy signal

- cover at close