spx channel, trade problems, expansion problems, debt problems..

Heres a trend that may continue? Not sure I see a reason to break out to upside? Not sure what china will do as retaliation, but I imagine market wont think of it as a reason to rally back to highs.. but who knows, been wrong many times before.

Why this forecast will ultimately prove to be incorrect:
Im around 90% that monday, if market starts falling, we'll be seeing some trade talks going well, beautiful conversation stuff popping up in the news.. which will surely inspire our cpu palls to push price up into the 2900's.