at the top of a bearish channel, good short here

Might simply be that it wasn't time to retest yet - and pretty common with double bottoms/tops where the median section is only partially bought/sold (e.g. M or W type patterns).
I wouldn't be surprised to see this thing trying to 1980 at some point, plus all the trapped shorts if it does.

A move to 2030 would be sick. Not only can you make a lot of money on the shorts getting beat down but then you can load up at a nice level to ride it back down.





2030 IMO is unlikely at this stage.
I hope 2030 comes next week!