SPY Setting Up For Major Spike Before Reversal

SPY is following a similar symmetrical inverse pattern that it during the recovery of the Q4 2018 crash, then the subsequent drop. It seems SPY is ready to tear to the upside $30-$40 in the next week or so before a subsequent drop and potential reversal back down.
SPDR S&P 500 ETF (SPY) spy500spylongTrend Analysis

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