Yellow Light

We are getting a bounce off the bottom at 197.81.  Everything is looking weak.  I will take a short at the 50% (202.03) if the market still looks weak when it hits it.  I will wait for the turn before I go short. It may just blast past it and keep going,  This will be a riskier trade. We are still going sideways and not breaking a new higher high or a new lower low.  Most indicators are showing down for now.