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SP500 Weekly chart updated

Posted on May 15, 2025 Written by Chart Prophet

Updating the post Relative Strength Index diverging on Weekly Charts published 1st October.

Updated chart below. The first ‘divergent’ lower high on the oscillators was in the middle of 2024 and preceded a mild sell-off. You had to wait more than 6 months for the ‘big one’ and would have missed the rally in that period if you were waiting for the ‘reset’ to RSI<30. Got it eventually though.

Weekly chart of the S&P 500 showing technical indicators

Filed Under: emini SP500 (ES)

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