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XLE and SPX Divergence Predicts Crashes?

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
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AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Analysis Chart Patterns Technical Indicators sandp500 SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) nasdaq QQQ XLE
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trendanalysis chartpattern indicator sandp500 spx spy nasdaq qqq xle
Whenever the price of XLE and SPX diverge, we seem to get a massive crash.

XLE creeps higher, but SPX makes new lows. Historically, what tends to happen next is that SPX falls off a cliff, as was the case in the 2000 and 2008 bear markets.

Today in 2022, XLE was creeping higher as SPX was making new lows. What happens next?

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