December 3rd Chart & Trade Plan

A little early on this one but the levels should apply until tomorrow and wanted to update after this mornings rally. Yesterdays plan played out well - we surged off 4590s support, hit that 4565 target as expected and as of now price is trying to break it to get that more extended pop I wanted to see. Most importantly though the new red channel structure drawn in last nights chart is now controlling price action, and this is now the main pattern to be watching and trading (Chart and analysis below)