$SPX does have the possibility of going lower after, but Trump just gave the markets 2 weeks of relief

Good chance of this been another deviation of the channel, unless the fighting with Iran continues in 2 weeks time, then we’ll just get a back test of the breakdown
I do believe this market is currently news driven and there’s a group who are clearly in the know, prior to the news
But ultimately even with “bad news” long term these markets are always simply up and to the right.