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Drunkmonk

$CSCO short setup if market turns in next couple of weeks

Short
Cisco Systems, Inc. (NASDAQ:CSCO)  
Drunkmonk Updated   
NASDAQ:CSCO   Cisco Systems, Inc.
Trend Analysis Wave Analysis Chart Patterns CSCO cisco Elliott Wave EWT wavetheory wxy wxyxz SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY)
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trendanalysis waveanalysis chartpattern csco cisco elliottwaves ewt wavetheory wxy wxyxz spx spy
please share thoughts particularly if you use elliot wave and can give feedback. room to run within macro channel but other factors considered i think it completes wxyxz and macro X within 10 days.

thank you.
Comment:
smaller timeframes for wxyxz.. i didn't count it out but looks like it has to be (these are often my last words before making a bad trade, ha)

the more i look the more i think its just working/finishing X within Y to complete macro X at the top of the channel.. hits volume gap in vol profile to finish macro X before coming all the way down.
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