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SPX - Bearish RSI Divergence - 2000 - 2007 - 2019

S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Beyond Technical Analysis Trend Analysis Technical Indicators SP-500 SPX (S&P 500 Index) Equity Stocks
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beyondta trendanalysis indicator sp-500 spx equity stocks
Quick one here.

SPX is displaying a strong RSI divergence (as indicated on the chart) similar to what we saw in the lead up to the tech wreck and a brief divergence brief to the GFC.

This does not mean the SP-500 will crash overnight, but it does signal that momentum is no longer congruent with rising stock prices.

Another piece of information to bear in mind.

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