Market outlook

Daily charts
- trend is up on daily charts
- today, markets closed flat. AD was negative
- resistance expected at upper trendline of falling channel
- some people are seeing H&S
- break of 8500 can result in correction to 8000-7800
- option writing resistance 9000 support 8500

5 min charts
- trading signals as shown on chart

15 min charts show breakout failure...