SPX - The current bearish RSI divergence is worth watching
The unstable situation between a green $S&P 500(.SPX)$ and a rising $Cboe Volatility Index(VIX)$ is finding bullish resolution as the volatility vanished today.
The last chance for a pullback this week relies on the 4H timeframe. The timid price action during the afternoon created an indecisive candle, a pattern which has recently been followed by consolidation and decline.
The current bearish RSI divergence is worth watching. Just in case ;)
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