Índice S&P 500
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5 waves on bearish RSI divergence

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I didn't draw the bearish RSI divergence since 1929 but you can actually create a downtrend line on the RSI by taking the peak from 1929 to where we are now and it touches around 5 or so peaks. More importantly it looks like 3.618 extension has been hit and unless we get an extension to 4.618 this would appear to be a good candidate for a top. Also bearish divergence on the most recent peaks as well.

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