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Can anything stop the SPY?

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Wave Analysis SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) SPX (S&P 500 Index) LONG Wedge
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trendanalysis chartpattern waveanalysis spy spx500 spx long wedgepattern
The SPDR S&P 500 Trust ETF ($SPY) keeps testing new highs, now hovering around the $306 range with key breaks in a wedge formed on the W chart. It starts the week bearish hinting towards an attempt to break back into the wedge, but only time will tell. This could be sign of a breakout for the SPY, indicating changes in trend for other related pairs.

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