CISCO - Looking For A Retracement

Hello Traders,

I am new here and this is my first post. I am a simple trader that looks for the repetitive nature of the market.

There is Bearish MACD Divergence on both the 4 Hour and Daily charts for Cisco.

This could be a nice setup for year end profit taking with the DOW having had such a huge run up over the last 11 months.

All the best!