If it doesn't go down, it goes up. I see two beats of MACD for every advance. This looks like an incomplete ending wedge, and although it is possible that the rally has already ended, we have a good possibility to make one last push into 2200. Just don't be surprised if it does so.
The green lines that you see on the chart are the strikes of my Dec puts. They are quite cheap now, so if we make this new high I would recommend the ~2050 strikes for opening the trade.
The green lines that you see on the chart are the strikes of my Dec puts. They are quite cheap now, so if we make this new high I would recommend the ~2050 strikes for opening the trade.