Over the past 3+ years, we have only travelled from the upper limit to the lower limit of the weekly trend channel and back again, at least in the ES/SPX. Whenever we roll over, the end-of-the-bull-market and correction threads begin, but then we turn at the lower limit and go right back up again. Eventually, this will end (this is the seventh year of this market), but I expect we'll at least have a lower high first.
