SPX Monthly with long term price channel

We pushed into the upper resistance line and are now slightly above it. The big question now is does the resistance line repel SPX or does SPX keep going to the next Fib target of 1906 and then this resistance line become support? I'll let the market decide but with the way things have been going for the last several months, I won't be surprised to see a push to 1906 before any meaningful pull back.