I think the S&P is about to crater again. It might bounce of that top trend line for a little bit, but I expect to see it hit the same low as back in march or even lower. Not only is the price starting to top out at where it was before the Covid crash, the current rally is completely irrational: the US is in a recession, unemployment is record highs, there's civil unrest, and there's a global health crisis that's being poorly handled in the US. The fact the S&P is trying to reach new ATH right now makes no sense.