SPY: Judge my (Modified) Schiff!

The price has gone way above the channel. I'm not exactly sure what this means. Do I re-draw it? Or is this going to come down hard? The way the market is now, it looks like it's going to slide way down to around $220.00

Please let me know your thoughts.
2020bearmarketbearmarketrallyBeyond Technical AnalysisCoronavirus (COVID-19)covid-2019Modified Schiff PitchforkSchiff Pitchforksp500indexSPDR S&P 500 ETF (SPY) Trend Analysis

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