Bearish Divergence

Close to a multiweek correction

 

OK. But which one is going to "correct"?

 

We've had a bearish divergence since May, so what? The bears are a bunch of no-shows.

 

If they correct,: both!

Real test is tomorrow Friday.

 

What makes Friday so special? Bears typically come in on a Monday.

 

I can't see any previous divergence in the chart I posted

Here's another divergence

 

Draw bunch of lines here and there. Few of them are bound to come correct. Isn't it all about technical analysis?

Market is ignoring all those divergences for a long time and shorts are being killed everyday.

 

The SPX will test 1035 (1015) bucks within three weeks

 

Nice timing eh?