SPY Hitting Head on Resistance

Just noticed the SPY             moved into a descending channel due to Brexit, connecting previous lows and highs. Interested to see what happens next.
this is the exact channel I've been focusing on. I don't understand why everyone is so sure that we continue up in a straight line. Im currently holding an inverse play to this rally so I am biased and want/need the spx/market to give back a little after this makeup brexit rally. if spx crosses above 2110 and closes at or above I will most likely close my position and take my pain....
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out