June 14, 2016

Market outlook

Daily charts
- trend is up on daily charts
- candlestick patterns suggest more downsides from current levels
- highest open interest is still at 8000 put though there was a cut in these positions
- increasing OI in calls versus reducing OI in puts hints at more downsides





Hourly charts
- trend is down
- buy above level is 8300 F


5 min charts
- NF trading in previous day's high/ low range
- nothing to do
- still managed to do some tight trade in NF


My open positions


There is an additional long position in 8000 PE taken after the above screenshot.

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