SPY - End of the Run?

You know everyone tells you to always invest in indexes but I honestly trust Fibonacci when all the levels start to match up. COVID shot it down to 218 which confirms a level and we are right at the high of the Fibonacci. I'm looking to short this down to 300. Go against the S&D isn't always recommended but let's face it, it can keep going up forever... or can it?
Trend Analysis

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