Market had a major sell off last week, but after the past 3 trading days the bulls have shown that they are not giving up the bull market that easily. I still see the market very bullish but we still have a possibility of more down side. Tomorrow Spy must open above this trend it is beginnnig to form. if it opens inside the channel it might follow the white drawing i showed. If SPY opens out of channel then we might see a stronger bull run to new ATH. Do not add any position with out confirmation.