Trend Analysis with Linear Regression and Trendlines

As described on the chart, the candle on 31st March indicates a bull market.

Below are the reasons why i expect a reversal and looking at a trap:
1. Linear Regression - 2 Standard Deviation(SD) - Price approaching a 2 SD point which indicates a 95% probability of a reversal.
2. Pearson's R coefficient indicates a strong correlation with 91.4% supporting the odds of reversal
3. The trendline fan's confluence with 3SD makes the area extremely strong resistance.
4. The current PCR is trending at 1.27 indicating an over-bought scenario.
5. 21.59 - Volatility Skew indicates market's bearish Sentiment.

Trade Suggestions:
Spreads -
1. Bear Put Spread
2. Ratio Spreads -

This is my view and not a recommendation.