$SPY – Bearish RSI Divergence + Gap Below = Risky Setup

126
👀 The RSI divergence has been signaling weakness for several sessions — with lower highs on momentum while price made higher highs.

And now, we’re stalling right at a volume shelf (see VRVP) with a big unfilled gap looming just below.

⚠️ Things to watch:

Bearish RSI divergence ✔️

Price breakdown confirmation below $582

Gap fill target = ~$572

VRVP shows thin volume beneath current price

If momentum rolls over from here, this could accelerate fast into that gap zone.

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.