S&P 500: Market High Short

hey traders,

though I have already shorted S&P from lower structure levels,
we see that bulls still keep pushing the market to higher levels.

On Friday the market has closed approaching all-time market's high.
There is a very very high chance to see a retracement from this level,
for this reason, be focused on a rising parallel channel.
Bearish breakout of it will be a perfect confirmation for you to open short trade.

Target level will be 2960.

Stop will be above the highest point of the channel.

*if the market sets new higher high within the channel, setup will be invalid.