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SP500 CHANNEL TOP RESISTANCE - BREAKOUT OR BEARISH CONTINUATION

Long
S&P 500 Index (OANDA:SPX500USD)  
ApexBull Premium  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis
5
1
trendanalysis
SP500 IS AT A MAJOR CHANNEL TOP RESISTANCE. Anything goes from here - a breakout should be bought for further bullish recovery and consequently if we have a rejection and start selling off from the channel resistance we should hop on those shorts. For the next few sessions it seems that the bullish recovery scenario is more probable.

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