S&P 500 - could go either way

We are seeing some rejection at the 3238 level, if it breaks this level with momentum, record highs of the S&P 500 are coming. If it does not and continuously gets rejected, this is a fake breakout above the pennant and the market will crash below the pennant. Could go either way atm.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer