AMEX:SPY   SPDR S&P 500 ETF TRUST
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SPY

Investors agree that a temporary trip over the cliff wouldn't be too harmful.

However, there is a possibiltiy the US Congress will repeat 2011 debt ceiling showdown.
The US Government is on course to reach the current cap on the debt ceiling March of 2013.

VIX

Falling Wedge

http://thepatternsite.com/fallwedge.html...

Reverse Symmetrical Triangle (Complicated -- VIX Time Frame)

http://thepatternsite.com/EWRevSymmetric...

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