Monthly divergences

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Monthly divergencesS&P 500 IndexTVC:SPXSupergalacticMonthly divergences on RSI indicator usually lead to major corrections. Especially when they form at ATH in overbought territory. Sometimes they get invalidated like in summer 2025 (it wasn't quite overbought though). There was also a very long multiple divergence in 1996-2000 - it took forever but eventually led to a crash. April close above 6940 will create another one. So be cautious.