GOOG at Resistance, NowHeaded Lower

After GOOG declining below $500 and $480, it has nicely retraced back to $520 level, it's key resistance.  Now that it completed it's retracement to its resistance, I am expecting GOOG to decline
 below $500 once again.  It would be difficult for GOOG to break this resistance at $520 as it represents a major resistance level.  Check out the 6 months chart below to see where GOOG is headed next as represented by the red circle.  Be careful out there expecially for LONGs.  Market is very volitle right now.  You should have a lot of cash ready to buy stocks much cheaper.

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