SPY - RSI Hinting Weakness On A Larger Scale?Zooming out really gives you a bigger picture of what this move could be the beginning of. In my time studying price behavior I find the best r/r opportunities come on retests of a negative divergence on the RSI. As you can see on our Weekly chart, we have moved below our RSI moving average. I would really start to worry from a bullish standpoint when the moving average begins to slope downward while price tests higher. This would be proper r/r on the short side if you have not participated on this current move lower. Don't chase, the market often gives you multiple entries if it happens to be the real thing! Safe navigating.