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cryptodiggy

Negative Divergence SP500, resumption of downtrend coming?

Short
S&P 500 Index (FX:SPX500)  
cryptodiggy  
FX:SPX500   S&P 500 Index
Trend Analysis SPX (S&P 500 Index) S&P 500 (SPX500)
3
0
trendanalysis spx spx500
S&P500 had an incredible rally back up since Dec 2018 lows (artificial but let's not get into that).

It seems like another negative RSI divergence is forming and that gives a good probability of resuming the downtrend, and perhaps really starting the next multi-year bear market?

#notfinancialadvice
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