Hit Nov resistance levels today, bulls need to push up or ...

We hit November levels that creates resistance this morning (orange line), unless we can get sustained bull action here, the red downward trend line will force this down to a new lower low on SPX and the wider markets. Trade with care here bulls. I'm on the sidelines taming my FOMO fears. I only run with the bulls when they show conviction and I'm fine not being in front. This looks like a short term bull trap on short term oversold correction.