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NOC : Industrials Could see wekaness

Northrop Grumman Corporation (NYSE:NOC)  
Trading-Capital  
NYSE:NOC   Northrop Grumman Corporation
Trend Analysis Chart Patterns XLI industrials SPDR S&P 500 ETF (SPY) Stocks trading economy NOC
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trendanalysis chartpattern xli industrials spy stocks trading economy noc
NOC is on watch for a techncial retrace to resistance and an important daily gap.

With earnings approaching we may see the larger trend take place. The chart is looking vulnerable to more downside.

A rally back to resistance will be a better risk to reward setup.
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