Its hitting the 2 extenxion on the fininacci retracement at 610 611 also previous high on the daily chart december 6th high is 609 so makes since to retrace here . I bought many put options today deep in the money i think thats a major resistance now , the macd on the monthly shows bulls losing monentum . I am expecting a correction to start end of month or february . I can take the loss and close the options if they push it above 610 . Not a recomendation just my thoughts
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.