Time to Neuter NTRS

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I came into the day with nothing but shorts (this is not a declaration of my attire, but my positions), and I've been adding to them today. One position I already had was NTRS (Northern Trust), and it's moving along nicely. In the big picture, we've got a symetric triangle which was broken and fully retraced. We're bouncing off the underbelly of the apex.

1012-NTRS

Zooming in, we've also got some nice candlestick action – – a bearish engulfing pattern (arrow) as well as an abadoned baby (rounded rectangle). Boom chaka laka laka.

1012-NTRSCLOSE

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