INTC Follow Up

Yesterday 3C made an earnings call on INTC...

So far so good. INTC is seeing some market related strength, but is likely a decent short candidate around these levels. See the link above for the big picture in INTC.

 Here's today's action, INTC is down 1.13%

 Here's this morning's market based rally into an ascending wedge, this is bearish. These wedges usually pop on a breakout of the wedge before they fail.

 The 1 min 3C chart-market based strength

The 10 min chart is in trouble as are all of the other longer harts, again see the link above.