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$SPX Out of Channel, Retrace

S&P 500 Index (SP:SPX)  
grenadetrade  
SP:SPX   S&P 500 Index
Chart Patterns Trend Analysis SPX (S&P 500 Index) S&P 500 (SPX500)
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chartpattern trendanalysis spx spx500
A quick one here - SPX broke below the channel it's been in since September 4th, may try to retrace to the 3315 channel support level near term. Failure to move higher may mean that we revisit 3000 levels on the SPX. It did recover half of the losses on Monday, but right now futures are slightly in the red. See how the futures sessions develops until market open.

Have a great week, everyone.
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