$SPX $SPY - We hit $420 now down we go

If you followed my previous post on SPY, I called for SPY hitting $420 before heading down. It looked like we were going to run out of steam to even hit that $420, but luckily last week with the prospect of a debt deal going through we surged forward. But now it is looking like a world of pain is before us. Down we go from here until October.
Chart PatternsFundamental AnalysisTrend Analysis

Disclaimer