Market outlook

Daily charts:
- trend is down on daily charts
- today, NF closed 0.5% in negative at 10657
- AD was 1:2

- note there was no follow through buying after Friday's sharp rally




5 min charts:
- excellent trading day as there were 2 large moves
- first signal was short as per chart
- cover around 10600 (very good support)
- traded long as per arrow
- exit near 10660



15 min charts:
- markets rangebound