S&P500 May-June Sell Signal emerging. 7420 immediate Target.US 500 (per 1.0)TRADENATION:US500TradingShotThe S&P500 index (SPX) has been trading within an Ascending Triangle pattern, having recently been rejected on its Higher Highs (Top) trend-line). With the 4H RSI under Lower Highs however, i.e. a Bearish Divergence, we are gradually getting a Sell Signal that we last saw on the May and June patterns. Those two were also on a 4H RSI Bearish Divergence and immediately initiated a decline towards the pattern's Support. Our Target is 7420, as the Higher Lows support trend-line directly below it looms. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π