SPX - Multiple divergences!

SP:SPX   S&P 500 Index
So the SPX finally put in a new high meaning the Jan high was in fact a wave 3 and NOT the top!
This chart suggests a possible EW roadmap for the activity since the Jan high.
Note that SPX has created a rising wedge which threw over the higher line in late august and has since fallen
back under this line.
Given that there is large divergences in most indicators this may signify the top but to be sure I will be waiting for
a break below the lower line and more significantly 2793.

I have shown the ATR indicator which has been falling since the end of May even though the SPX has kept rising.
This means that only a small number of stocks are fuelling this rise, any guesses which ones?

Good Luck

mind the differnece between ADR and ATR....
Geofftv1 Baumax01
@Baumax01, Thanks, spelling mistake .
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