SPX S&P 500 SPY Rising Wedge Update, May 1st May 1, 2009March 3, 2013 by Phantasmix The wedge completed, and seemed to resolve to the downside but only for a day. SPY is now moving up within an uptrending channel. Volume has been decreasing and MACD is in a no-man’s land. Click to enlarge Post navigation Chrysler Logo, USSR Quality SignXLF Financials Index