Weekly S&P 500 chart

This chart has a channel for the bull market since 2009 joining the low of 2009 with the low of 2020. It looks like a reasonably good fit at the top of the channel too apart from the 2021 top. The current situation looks to me like an attempt at a breakout from a down channel and also a triangle pattern (shown in yellow). Soon we should get some clarity as to whether we're back to a big bear market.