Skipper86

Dec 2020 setup looks similar to the Dec 2019 setup

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Copying the price action that followed the 2019 setup into 2020 suggests a $395 price target and a February crash. This is all very hypothetical. This prediction supports my $395 price target which was predicted using Fibonacci extension and another pattern repetition idea which looked at the repetition of the "W" pattern in 2020. The moving averages used for the crossover are the 3ema and 12sma.

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