NG
Even though NG looked like it was ripe for a correction, the 4 white soldiers on the weekly make it really hard to step in front of a freight train. Price looked like it had taken out the overhead resistance with a close above and was well on its way from the expanding wedge, now we get a gap back under the top rail, we may now get a retrace to fill some gaps. I couldn’t pull the trigger to go short Friday, whoever did I take my hat off to because that takes some big cojones IMO.
chart in comments
http://invst.ly/2x8mb
Went short Wed took msome early profits to protect the trade. So 2/3 short now. Looking for around 3.35