As you can see there is a bearish divergence between SP500 and both RSI and MACD on the weekly chart.
It may take some time, but normally it doesn't look good for the stock market.
It may take some time, but normally it doesn't look good for the stock market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.