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🚨The S&P 500 will crash within the next month
$US500500 The index has been fluctuating within a clean upward channel since early 2022
Prices have pushed up to a new high of around $7,400, reaching the upper boundary of the channel
At the same time, the RSI has been forming a long-term bearish divergence, based on a simple principle:
“Prices keep making higher highs, while the relative strength index shows weakening momentum”
This rebound could end at any time, with the first downside target around $6,000
If the price confirms a break below that level, there’s a high chance it will move toward about $5,200
Don’t become liquidity for the exit
#GateSquareMayTradingShare