Well I knew it would break soon one way or another, just not quite that quickly. This further confirms for me this is a temporary Bull trap, timed precisely to hit the majorly declining 20DMA and the 200DMA retail indicators to ensure it doesn't get away from em. I am closing my quick little long here as we struggle to hold above either. Glad I caught the bulk of this small move but only half the position size I was hoping for. Did not chase and I recommend never chasing these, especially when they pop off from nowhere without a good healthy VWAP accumulation first - tells me we're most likely gonna return before any further move up and my MTF bias of still lower before any real move up is still in play. If you zoom out (4H) we did accumulate that ATH VWAP quite well however, so if we hold above the 20DMA and especially above the rising 200DMA, I will be all-in long till we hit the declining 50DMA; but my expectation is we fail here and return lower to that same boring consolidation zone. If we break below $8500 I'll increase my small short position till about $8250 (VWAP from recent crash) and be neutral till further notice. Good luck folks! It is (sadly) appearing more and more likely that all this may take quite a while to sort out. Don't get eaten up by the sideways ranging.