Thursday, November 11, 2010

2010-11-11

CSCO down 10% that drags down NQ 20 points with no suprise. ES is back to 1.3680 level previous support and bounce to 1.37. Which I think it's still bearish but be aware of double dip bottom pattern.

Lots of bank close today no trading and there is no TR I think today as US holiday, so the volume SHOULD be light but with CSCO who knows.

I'm keeping an eye on 1.3680 and 1.3740.







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