Daily charts
- trend is down on daily charts
- today markets closed in the negative
- AD was flat, VIX down 5%
- today's close was below 8000 level
- weekly close below 8000 may lead to more weakness
- close above 8100 will be bullish
5 min charts
- last 2 days markets were going up but there was a lot selling intraday
- this had the effect of a gap down opening today
- but last 2-3 days lows are still holding
- did nothing today in anticipation of wild (expiry) swings
- trend is down on daily charts
- today markets closed in the negative
- AD was flat, VIX down 5%
- today's close was below 8000 level
- weekly close below 8000 may lead to more weakness
- close above 8100 will be bullish
5 min charts
- last 2 days markets were going up but there was a lot selling intraday
- this had the effect of a gap down opening today
- but last 2-3 days lows are still holding
- did nothing today in anticipation of wild (expiry) swings
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