Major S&P 500 - Bearish Signals S&P 500SP:SPXmarkrivestOn 09/19/25 the S&P 500 (SPX) had two major bearish Signals. Since March of 2000 all significant SPX peaks occurred with a rising VIX. On 09/19/25 the VIX made its second higher bottom since 08/28/25. Daily RSI has reached the overbought zone and has a bearish divergence. A multi – week decline could begin soon.