Monday, June 28, 2010

CSCO - DeMark-ian "Picture Perfect"

Since I don't see any "as of now" good trades, here is a little history – was this "tradable" or what?

2010-06-28_1509 Shorter term as of now it is a mixed bag with a hint of long trade – on 4 hours chart you see it penetrated prior TDST on bar 7 of buy setup, but there was no follow through on the downside – some bounce is coming?

2010-06-28_1602

Overall – next few days (just a speculation) might just be a water torture – I'd be spending more time in the pool

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