Key points; 1) False break. Price shot through resistance (old highs) then reversed back underneath it. 2) ADX is too weak to suggest a strong weekly trend 3) Lower lows and lower close compared to last week 4) Weekly uptrend level has already been broken, and thus has transitioned into a sideways / range bound pattern. Thus selling high levels / buying low levels is appropriate. 5) MACD-Signal difference has contracted week on week 6) RSI is not oversold so timing is reasonable As always DYOR