Major resistance in a down trend. Entering short position now.
Price continues to hover and test major resistance at 88.0 (61.8% Fibonacci retracement , 78.6% Fibonacci retracement , horizontal swing high resistance, bearish price action) and a strong reaction could occur at this level to push price down towards 86.20 support (50% Fibonacci retracement , horizontal pullback support).
Stochastic (34,5,3) is seeing major resistance below our 97% level of resistance.