NASDAQ OMX reaches a level of resistance. This level could contain the upward trend in the short term.

Margins estimates seem not highly encouraging for the current fiscal year. According to revisions made by Thomson-Reuters analysts, EPS and Sales forecasts significantly dropped for 2014. EPS felt from $3.03 per share to $2.82 while sales folded to $2 billion.

In spite of the bull run drew in the long term, possibilities of dip increases as prices approaches the USD 40.8 midterm resistance. In consequence, a consolidation movement seems fully legitimate. This new orientation is anticipated to lead prices close to USD 38.2 level that will promote further retracements and a possible exit of the current ascending pattern.

Therefore, investors can benefit from the technical correction to get short with an objective fixed near the USD 38.2 support. Only the breakdown of this level would open up new bearish targets toward USD 34.1, the stop loss being set above USD 40.8.