This is Bearish Gartley pattern. Point D should be at 3002-05. S&P500 should see sellers at 3002-05. SL should be placed above 3026. Target for sells should be around 2780. This should be short term downtrend. If you enter now you will have 4 RRR. Good luck.
SP500 trading at resistance zone and has given Monthly Divergence. It can make a new high but eventually it shall crash to psychological level 2000! SPX is on my watch list. Weekly and Monthly charts are not H4 or H1. Bigger time frames demand bigger patience.
The fall of this ratio would mean silver would give you more return than gold. So, its better to buy silver than gold if you are willing to trade commodities. Silver's long term target is at 24 (18.16 as of writing).