Its only 46 days along the average 68 day (80 day cycle) trading cycle so it will probably need more time to chop around and not get too excited. In fact its a trap for bears here.
This is a classic case of watching for a top in a bull market, particularly the end of the second 40 day cycle of the 80 day cycle.
There is no money to be made on the short side with this 80 day cycle.
There may be volatility on earnings for NVDA 0.00%↑
There may be a short trade after day 55.
I think it breaks the highs by the end of the week then will probably sell off into 1st week of March, because the last 20 day cycle will be bullish, just as the previous seven 20 day cycles were bullish
Nothing to do here but if it looks like bearishness does enter unexpectedly, or quickly, then I will use UVXY 0.00%↑ to go long.