Today to end on a long red/black candle | Strong bearish continuation
@ 2-year resistance after a bull run but ending in strong selling
near resistance with solid selling
Heavy selling | Anticipating a rise but not before getting worse
All near resistance | Bearish Counter Attack on October 19 & 20 | followed by tombstone doji on October 23 | ending with spinning top on October 24
@ resistance coupled with strong selling action | 2-month $120 PUT
Entry point for CALL LEAP and protecting continuous downward action with mid-way PUT
Downward expectations before upturn with slight variation in strike price and expiration of options
coupled with strong selling volumes for downward reversal
ending in long day & price of 1-month 36 PUT options increased by more than 34% showing signs of bearish continuation
short-term PUT to ride downward momentum but anticipating an upturn in longer-term