SPX - Bear trend channel Jan-Feb '22

SPX showing significant downward pressure, ATH uncontested for nearly 2 weeks. Expecting bear trend to follow channel indicated by red trend line and orange 0.25 PF line. 50-100 pt oscillations every 2-3 trading days, great for leveraged short-long reversals.

Confirmation will be climb to 4715, resistance and reversal down below 4615. Expecting 4495 by end of Feb '22.