Breakout test is about to start

Updated
I was fairly bearish in the related ideas(Head and shoulders and the opening optimism), and I can say that nothing has changed in my longer-term view, but the Friday closing and the complete five-wave impulsive structure(Elliott wave) not to mentioned the bullish divergence in the MACD(TimeFrame 15M) will create three-waves upward correction.

This correction will be a breakout retest from the rising channel and .618 Fibonacci retracement zone test. This is one of my favourite trading situations. We will see that the ideal juncture will be created in the next 2 max 3 trading days.

If the correction realizes itself in a sideways style and the S&P is not able to trade above 3100, then it means the bears have more control otherwise, I would not like to it above 3232!!
Note
Island Reversal backtest is underway?
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backtestingElliott WaveParallel ChannelTrend Analysis

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