Market outlook

Daily charts:
- trend is down on daily charts
- today NF closed 0.65% in positive at 10770
- AD was flat (slightly negative)
- 150 stocks made new 52 week lows
- option writing support 10600 resistance 11000





5 min charts
- traded as per arrows
- first signal short was a whipsaw
- 2nd signal long gave very good profits



15 min charts:
- trend is up
- yesterday's long trade got stopped out today
- SL for new longs 10700 F