![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidPf_NP57kgFNv4SpJgJEFxpV3z4Rj7RjJwiSqeeHmLp6TDPRTXZn-gQ1mrGcXwGPnSy3y2OhTaeFZ0SUnfzRjIRE7ikU3XTa1ZTFVqGXffPS0gmWp-NAYE3Ds_rjCTVfdKyN-jrn6WG7u/s320/$SPX_Top&Bottom.png)
We are already approaching the upper boundary of the channel, the rally could be over in a two or three more trading days...unless this Bear isn't real, which I doubt...
Remember, the chart above produces nice channels and straight lines only because it has been 'time-corrected' by my proprietary formula, that's why the x-axis doesn't have dates on it for labels, even though it does represent several weeks worth of time...
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