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mr_albundy
Apr 22, 2021 6:31 PM

SPX Slowwwww Bearish Divergenceย 

S&P 500 IndexTVC

Description

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Looking at the weekly I noticed this slow bearish divergence building. The only moving averages that seemed to match up of where it could possibly dip to if there was a crash as Michael Burry or other mention would be that red 180 directional line. All signs point to some sort of real correction if not a crash in the coming weeks if not months.
Comments
jrod8048
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3000 would be technically be a correction, because it less than 50% fall, but i can sense a greater leap of faith fall than what yet to come, we won't see a crash until by next year, after it makes a lower high.
mr_albundy
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@jrod8048 next year or this fall? ๐Ÿ‘€โฌ‡๏ธ๐Ÿ˜ˆ
jrod8048
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@mr_albundy, the start.. after the โ€œdouble topโ€, lower high.. let the first correction END in August.. the crash begins 2022, end of February/beginning and have a 2 year downtrend
mr_albundy
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@jrod8048, interesting perspective, thanks for sharing
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