Daily charts
- trend is up on daily charts
- today NF closed at 10122 (down 1%)
- NF is exactly where it was in JUL last week/ AUG first week
- AD was 1:2 while VIX increased by 10%
- note formation of lower swing high around 10400
- close below 10100 will lead to trend reversal of rally from JAN 2017
- NOTE this will FIRST sell signal this entire year
5 min charts
- we had a sell signal on hourly charts yesterday
- today, shorted on open
- covered around 2.30pm
- expecting good support in the region 10000 to 10100.
Yesterday's sell signal on hourly charts which made me even more bearish today
- trend is up on daily charts
- today NF closed at 10122 (down 1%)
- NF is exactly where it was in JUL last week/ AUG first week
- AD was 1:2 while VIX increased by 10%
- note formation of lower swing high around 10400
- close below 10100 will lead to trend reversal of rally from JAN 2017
- NOTE this will FIRST sell signal this entire year
5 min charts
- we had a sell signal on hourly charts yesterday
- today, shorted on open
- covered around 2.30pm
- expecting good support in the region 10000 to 10100.
Yesterday's sell signal on hourly charts which made me even more bearish today
No comments:
Post a Comment