RUT may give in very soon

I haven't been posting on RUT for a while. Maybe this extended rise wore me off and I was concentrating on other stuff. However, today's chart is showing some weakness and we may decline some 30 points from here. I'm expecting the green channel to break down very soon. The lower band was hit 4 times shown in blue ellipses and the fifth one is on its way. My own experience says; when the channels withstand the fourth touch they break on the sixth not the fifth. No matter what, I would wait for this channel to break before I take any short positions.