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SPY Should Resume Downtrend Now

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) ES
27
14
chartpattern indicator spy spx500 es
The three wave bounce out of the wedge that I anticipated appears to have completed today. I expect we will now head down to the original broadening top trend line next, where I do expect another bounce.
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