Been watching this for a few months.
I have placed at fib on this and was watching price, this afternoon i started opening shorts given that the 50% fib looks to have been rejected.
Initial target area at the shaded area of between 1220 to 1210. I'll be looking at that level for some additional follow through, and should this occur i'm looking at the next level between he 11142 to 1124.
Should a reversal happen, back up through the 50% then next area of resistance is at 1278, 0.618 fib.