MrAndroid

Weekly S&P 500 chart

TVC:SPX   S&P 500 Index
This chart has a channel for the bull market since 2009 joining the low of 2009 with the low of 2020. It looks like a reasonably good fit at the top of the channel too apart from the 2021 top. The current situation looks to me like an attempt at a breakout from a down channel and also a triangle pattern (shown in yellow). Soon we should get some clarity as to whether we're back to a big bear market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.