Daily charts
- trend is up on EOD charts
- immediate support around 8500 levels
- today markets up almost 2%
- we had excellent AD
- 7% drop in VIX benefited option writers like me
- now expect resistance around upper trendline of falling channel.
5 min charts
- breakout from range was bullish
- cover at close
- trend is up on EOD charts
- immediate support around 8500 levels
- today markets up almost 2%
- we had excellent AD
- 7% drop in VIX benefited option writers like me
- now expect resistance around upper trendline of falling channel.
5 min charts
- breakout from range was bullish
- cover at close