Like I said, expect fake-outs, and this morning's $SPX gap down looks like it might be a big trap. Stepping back, some will see a successful re-test of the Monday lows as a bullish sign. So next stop will be the resistances in the 2,900-2,915 range.
If it pulls back, it should fine support at the bottom trend line of the channel. If it falls below that, it should find support at the support zone identified. A run will make it hit 2816.75 and it may struggle there and if it continues to climb up, 2840.50 is in sight as next profit target.
Fibonacci tells me it would go at least 38% retracement range of 2685.. I think a short trade placed at 2710 with stop loss at 2715 and profit target of 2685 would yield more than 1:4 risk to reward trade.. Disclaimer: this is no recommendation for any trade. I am using it to track my paper trade prediction performance