Daily charts
- trend is down on daily charts
- today markets closed marginally in positive
- advance decline was good, VIX dropped 2%
- recovery looks weak given the tails being formed in last 2 candlesticks
- option writing giving mixed clues
- highest OI is at 8000 put followed by 8000 call so market can swing either way
5 min charts
- markets trading rangebound
- any bounce is being sold into
- did nothing today
- trend is down on daily charts
- today markets closed marginally in positive
- advance decline was good, VIX dropped 2%
- recovery looks weak given the tails being formed in last 2 candlesticks
- option writing giving mixed clues
- highest OI is at 8000 put followed by 8000 call so market can swing either way
5 min charts
- markets trading rangebound
- any bounce is being sold into
- did nothing today
No comments:
Post a Comment