This has proven to be a level of resistance multiple times. Sure it can break through but it will be a false breakout since by then it will be overbought. Perhaps after it retraces from there it can truly break. For the short term I'm going with shorting at $415 to $410 SL $418. This is a scalp I plan to do if everything goes as planned. I will post my entry and exit here.
Trade aktif:
Placing call credit spreads at $420/$421 DTE wed
Trading ditutup: target tercapai