Facebook (update)

We had a bearish engulfing candle form today at its monthly R2 pivot.  This pattern engulfed the previous 7 days and creates major upside resistance.  This could become a benchmark candle to the downside.  I've been looking for a top in Facebook for the past couple weeks as its been trading inside my Fib resistance zone.  We had a false engulfing pattern the other day, but this one seems solid.  It also coincides with a potential top I'm seeing in the Nasdaq 100 (see posting on this blog).  I see downside targets of 131.50 to 127.50.