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Short - S&P 500 hitting the top of the channel.

Short
S&P 500 Index (SP:SPX)  
ab123123  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
18
1
trendanalysis chartpattern indicator
The S&P 500 has had quite a run however it looks like it has now reached the top of a larger bullish channel.

The RSI also indicates that it is overbought in the short term and is due a correction, whilst the MACD suggests its about to turn or is on the cusp of turning downwards.
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