Using the Relative Strength Index (RSI) with a value of 20 periods, a closer view of the current S&P500 path is a setup for repeating 2024 – 2025 and/or 2000. Each setup has a 19.23 degree angle for the RSI divergence support trendline. This could be due to any number of factors, such as trading firm procedures, algorithms, etc. When the S&P500 crosses its lower trend line markets could unwind very quickly going into 2026.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
