Although new highs today on NDX, CSCO didn´t manage to touch our medium term resistance @ 20.52. After that failure, sellers stopped right at the mid-point from the big white candle. So be carefull on the short side...
The hourly chart points down to the window from yesterday ([18.93,19.90]) session so pay attention to any failure above previous close (20.22). Keep in mind today´s high (20.38) and 20.52.
The hourly chart points down to the window from yesterday ([18.93,19.90]) session so pay attention to any failure above previous close (20.22). Keep in mind today´s high (20.38) and 20.52.
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