Weekly ES Preparation E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! SPYvsGME Interesting week last week. S&P went from the verge of a Bear Market to a breakout and gap up. If a bounce off the top of this new Bullish channel There should be a dip into Wed VIX expiry. And then likely trap some bulls before testing the lower end of the channel Followed by reversing on the Inflection Point / Gamma Flip area of 4363. This time I think we could see some liquidations if plenty of bulls get trapped when aiming for the ATH . Bulls defending the bottom of the channel would likely be rewarded with 1 way ticket to ATH for Christmas.