SPY Bubble? 20201 Market Crash?

SPY reaching past resistance. If it were to crash to the trending support, it´d be a 50% downmove aprox. The weekly RSI is reaching oversold levels as seen in the 2018-2019 market crash and COVID-19 market crash. Thoughts? Comments?
Technical IndicatorsmarketcrashSPDR S&P 500 ETF (SPY) spy500spyshortTrend Analysis

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