also, note here how it's pinged off of lower support you'd think it'd need at least a bounce off of the 20 day to blast out of the box range, the 200 and the 50 day, although that which it cant do, it will do
here's the same chart, with the same lines, with year 2000 selected, notice that the bottom line is where the bear market really took off, in november - during the infamous tie election