Bear trap.
The simpliest conclusion is often the most right when it comes to markets because consensus moves the price. Its hard to argue with this one but Im not rich enough or clever enough to throw the basketball over my shoulder as I walk away and expect to score. Many times before its reached this point or similar and the smart thing was to go long, Ive even thought as much but generally not had the guts to do so especially. Could have made some bucks if I expected such a strategy to play out a few months back.
Instead I went short and made some pennies today, big whoop

Going from the 50DMA would have worked better but still its not much of a move, main conclusion is sideways we move like a snake.

Lets be totally boring, weekly bars and 50 week MA. Its yet done anything especially significant, if anything if it rises from here its bullish and probably worth even a leveraged long on the breakout from whats been some negative trend. I hope I can keep that in mind