In mid July the exact same thing happened as well: a rally to the downtrendline => a small correction => another test of the downtrendline => a bigger correction.
Thus, if 1105ish holds I think we'll get another correction probably down to 1080ish, there is some nice support in the ES (@ 1077-78ish).
Should the SPX rally above 1105 though the next target is 1130ish imo.
