APA Trade (SHORT)

Trades don't always make sense to me, this one doesn't, but it's usually when they don't make sense, that's when they are right on. So Here's APA.

 MACD (I use long term settings-26/52/3) has gone downhill badly. APA has fallen out of the red Linear Regression channel and the 50-day moving average is now being tested. Volume has been quite a bit higher then anything seen in sometime.

 3C daily chart shows the accumulation/distribution cycle here pretty clearly.

 The hourly chart is quite negative as well.

 Here's the 1 min chart showing what appears to be price rolling over today in a bearflag-like consolidation.

And finally, here's a pretty clear and very recent short signal on my m.a. screen.

Take a look for yourself and see what you think. To me, it looks like a short below the 50-day m.a.