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