šŸ“‰ S&P 500: Bearish Divergence Alert šŸ»šŸ”„

Alright, listen up, my chart-watching warriors! šŸŽÆāœØ We’ve got ourselves a spicy situation on the S&P 500 Weekly Chart, and it’s SCREAMING caution right now. 🚨
The big question? ā€œIs this time different?ā€ Spoiler alert: Probably not. Let’s break it down šŸ‘‡:

Follow Our Trades and Strategy : Road To A Million Club..


🚨 Bearish Divergence 101

First, let’s talk about the elephant in the room: BEARISH RSI DIVERGENCE.
šŸ“Š Price is making higher highs. (Woohoo, right? Wrong. 😬)
šŸ’” RSI is making lower highs. (Oof. šŸ›‘)
This is like your car’s engine light coming on while you’re flooring it. Yeah, it’s fun for now, but guess what? You’re headed for trouble.

Follow Our Trades and Strategy : Road To A Million Club..


šŸ’€ DĆ©jĆ  Vu? History Doesn’t Lie!

Let’s roll back the tape:
1ļøāƒ£ Feb 2020: Bearish divergence showed up. Result? BOOM – the COVID crash. šŸ’„šŸ“‰
2ļøāƒ£ Jan 2022: Another divergence. What happened? The market went full bear mode for a year. šŸ»šŸ”„

And now? Here we are in Dec 2024, and the exact same pattern is rearing its ugly head. Do we really think this time is different? I don’t think so.

Follow Our Trades and Strategy : Road To A Million Club..


šŸ‘€ The Bearish Setup:

šŸ“ˆ Trendline Resistance: We’re right at the top of a multi-year rising trendline. This is a make-or-break zone.
šŸ’” RSI Downtrend: The RSI is already sloping down, showing weakening momentum. Buyers are running out of gas. ā›½ļøšŸ’Ø
šŸ’” Translation: This rally’s on borrowed time, folks.

Follow Our Trades and Strategy : Road To A Million Club..


šŸ”„ George’s Hot Take:

This is what I call a ā€œSELL THE RIPā€ scenario. Here’s the plan:
1ļøāƒ£ Watch for a rejection near the current highs (6,050–6,100).
2ļøāƒ£ If we break below 5,800, it’s GAME OVER – bears take the wheel. 🐻
3ļøāƒ£ Targets? 5,400 is in the cards, and if things get ugly, we could be staring at 5,200.
Follow Our Trades and Strategy : Road To A Million Club..


BUT WAIT… IS THIS TIME DIFFERENT? šŸ¤”

You’ll hear the permabulls saying, ā€œOh, the market is resilient, blah blah.ā€ Sure. But guess what? Patterns don’t lie.
If this divergence plays out like it has TWICE before, we’re looking at some serious downside. Don’t fight the charts, fam. šŸ“‰


Final Thoughts from the Bear Cave: 🐻

The S&P 500 is flashing warning signs loud and clear. This isn’t the time to be a hero. Play it smart:

  • Tighten stops. 🚦

  • Hedge your longs. šŸ›”ļø

  • Be ready to SHORT if we break support. šŸŽÆ

Let’s see how this plays out, but remember: The charts always win. šŸ‘‘ Trade safe, my legends. āœŒļø

Follow Our Trades and Strategy : Road To A Million Club..

This post is originally published on ROADTOMILLION.

  • Related Posts

    Deglobalization’s Assault on Bond Markets: A Financial Apocalypse or a New World Order?

    Introduction: The Global Financial Order Is Crumbling The world is fracturing. Trade wars, tariffs, and nationalist policies are tearing apart the interconnected global economy that once fueled prosperity. Deglobalization—the deliberate…

    GBP/JPY: Riding the Bullish Wave in 2025 šŸš€

    Welcome to the forex battlefield, where the GBP/JPY pair is painting a compelling picture for traders! šŸ“ˆ As of May 26, 2025, the British Pound is flexing its muscles against…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Crypto Exchange Bybit Now Offers Full TradFi Access, Including FX, Stocks, and Gold

    • June 16, 2025
    Crypto Exchange Bybit Now Offers Full TradFi Access, Including FX, Stocks, and Gold

    Rising Silver Prices 2025: Why Is Silver Going Up Right Now?

    • June 16, 2025
    Rising Silver Prices 2025: Why Is Silver Going Up Right Now?

    Are Millennials Buying Gold Now and Should You Do the Same?

    • June 16, 2025
    Are Millennials Buying Gold Now and Should You Do the Same?

    Silver Prices Going Up 2025: What It Means for Market FX Trends?

    • June 16, 2025
    Silver Prices Going Up 2025: What It Means for Market FX Trends?

    Prop Firms Can Manage Traders’ Onboarding with Axcera–Solitics Integration

    • June 16, 2025
    Prop Firms Can Manage Traders’ Onboarding with Axcera–Solitics Integration

    CFD Brokers NAGA and Swissquote Launch New Campaigns Ahead of Next Season

    • June 16, 2025
    CFD Brokers NAGA and Swissquote Launch New Campaigns Ahead of Next Season