SPX Monthly (RSI Bearish Divergence: Bear Market Confirmed!)

8月8日

➖ Sometimes we are strong on theory, we give you lots of text and content in relation to the charts and signals. This is done for your entertainment.

➖ At other times, we keep it extremely simple. This is done for your convenience.

👉 These are bearish patterns showing up on the S&P 500 Index chart.

➖ Monthly SPX chart: Higher high (2024 vs 2021), rising wedge and rounded top patterns.


➖ Monthly RSI strong bearish divergence: 2021 vs 2024


These signals are pointing toward a strong correction (bear-market).

Prepare accordingly.

Thank you for reading.

Namaste.