 Morning traders, Patrick Mundley here with another tick mill chart. I want to draw your attention this morning to developing opportunity in the S&P 500. In the 4-hour timeframe you can see we're in this ascending channel and we're potentially mapping out here a 5-wave extension that will wave 3 to top out into the top side of the channel around 3800. And then as we're going to pull back and hold the current highs at the 3780 level, look for a 5th wave extension into the 127 extension of the prior decline, 3819. We also have monthly predicted range resistance, daily predicted range resistance, and watch for divergence as we get into this area. Look for bearish reversal patterns, short positions for a 3-wave pullback at least into trend channel support down to 3678. As always, trade as planned, trade the plan, most importantly manage your risk. So next time, thanks very much.