Market outlook

Daily charts:
- trend is down on daily charts
- today markets closed .5% in negative at 10198
- AD was 10:7
- highest open interest is at 10000 PE and then 10200 PE
- increase in put writing at 10200 and call writing at 10300 seen
- highest OI in calls is at 11000 strike




5 min charts:
- after yesterday's fast rally, some minor profit booking seen
- support 10180 F
- did nothing today

- will consider long position tomorrow IF 10180 holds