CNO - Another financial institution to breakdown? CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31)
22.50 continues to hold back the bulls.
Resistance could prove difficult to breakdown.
A break of the recent low at 20.36
should result in a further move lower.
Daily signals are bearish.
News events could adversley affect the short term technical picture.
20.36 has been pivotal.
Our profit targets will be 17.81 and 17.31
Resistance: 22.00 / 22.50 / 22.72
Support: 21.20 / 20.36 / 20.00
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