The retracement from the Jan. 12 high of $2,197 has not completed, with a downward wave "c" yet to travel to the wave "a" trough. A Fibonacci retracement analysis on the fall from $2,197 to $2,116 reveals a resistance at $2,166, the 61.8 percent level, and a further rebound from it will be capped at $2,178, the 76.4 percent level. A strong surge to $2,197 will open the way to $2,250. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.