$SPDR S&P 500 ETF (SPY.US)$ As I shared in my weekend analys...

$SPDR S&P 500 ETF(SPY.US)$ As I shared in my weekend analysis video, SPY was likely targeting a roughly 9 point breakout to the upside. I didn't suspect that would start until we touched the lower support line of the massive rising wedge pattern, but we have broken out of the short-term descending channel nonetheless. We are likely targeting ~558 from here if the miniature falling wedge is valid.