Southwestern Energy $SWN has been in a sideways consolidation range roughly between $5.00 and $6.45. It looked like it was completing a price bottom in November when price breached range resistance. However price then returned to almost the range support, a sign that the November rally was a false breakout.SWN Daily Chart(click to enlarge)Bearish Signs:- The false breakout in November could be a sign of a bearish continuation.- The fact that price held under the 200-day simple moving average (SMA) in November is also a bearish sign.- Price rebounded from the range support, but found resistance in the middle of the range.- Finally, we have a bearish engulfing candle, which suggests a short-term bearish move.- The short-term bearish outlook would be the $5.00 range low. - I think a break below $4.95 might break open a bearish continuation towards the $4.00 area.