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🚨S&P 500 WILL DUMP WITHIN THE NEXT MONTH
$US500500 Index has been moving inside a clean ascending channel since early 2022
Price has already pushed to a new high around ~$7,400, reaching the upper boundary of the channel
At same time, RSI has been forming a long-term bearish divergence based on a simple principle:
“ Price keeps making higher highs, while the Relative Strength Index signals slowing momentum ”
This rally could end at any moment, with first downside target sitting around ~$6,000
If price confirms below that level, a move toward ~$5,200 becomes highly likely
Don’t become exit liquidity
#GateSquareMayTradingShare