NWSA has been forming a great box range between 14.40 and 16 for a couple of weeks now. Check it out on a weekly chart. It is time for it to re-test resistance and I am gonna go short with a tight stop at 16.30. I am will take profits around 15 depending on how things are looking. Happy trading.
Comments
octradr
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Broke out of box range. Gonna get out and wait and see. It may try to fill the big gap on the daily.