S&P 500 - Some interesting trading channels and trend lines

Note how the S&P recent ATH, correction, and latest peak all align with the trading channel and trend line. Very interesting in my book. Note sure how to use that to predict what the market is going to do next.
Chart PatternsDJINASDAQ 100 CFDSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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