SPX daily

It took time , to understand how the negative impulse after the implementation of the GUI is transformed. Usually, based on my experience, the market should form reversal formations like 3 bottom or inverted GUI, to qualify for a reversal. In the technical picture that has developed on the chart below, while we can say, that the resulting ascending channel is a flag with a negative connotation. Flagpole( shortened) Order 170 points, channel width approximately 100 points.  We will approach conservatively and apply a breakdown of this channel by the value 100 points, but, it is not yet clear at what level the breakdown will occur. The beginning may be tomorrow in the area 1150 spot