Hi, looking at the weekly is see we are very close to 2 major resistance levels. First is the double up target of the range 181.02-213.78 established from end 2014 to end 2016 .. that level is 246.54 Second and even more important imho is the double up of the range 67.10-157.52 established from from end 2007 to early 2013. That level is 247.94
From this resistance area a healthy pullback to previous range high at 213.78 is in the cards imho. Enter short 246.50 Target 214 Stop 260 RR 2.41
Let me know what you think
On chart! http://ift.tt/2myKZ8p
Submitted March 16, 2017 at 02:10PM by FB_XIII http://ift.tt/2m6mpzx
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