The week aheadUS SPX 500OANDA:SPX500USDrsitradesI thought we'd have a gap down today, but no - we're going to test the high of the larger channel on futures. That's also where the 18ma is, so today looks like a down move after open, even though we may hit 7440+ first. A choppy move down into the 1st is likely, and then a rally back up to try and break above resistance looks correct. So we have a 5 wave sequence finished, and we are likely correcting it here - expect choppiness for the week. The next larger move should be down, but probably not this week.