July 21, 2017

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 0.4% in positive
- AD was negative; VIX dropped 2%
- support 9700
- swing low at 9400
- expecting resistance around 10000 levels




5 min charts
- break from first box was short signal
- cover near 2nd box
- low today was near low of 18-JUL
- did not trade long.

No comments:

Post a Comment

Share this...