Market outlook

Daily charts:
- trend is down on daily charts
- today markets opened gap down and closed 1.4% in red at 10303
- AD was 5: 12
- highest OI at 11000 CE and 10000 PE
- VIX increases to 20 (11% increase today) making options expensive




5 min charts:
- short on first red bar of the day
- cover on close or trailing SL



15 min charts:
- trend is down
- reversal value 10360 F