linyoung100

Use ES RSI / Price divergence to predict US stock market crash

linyoung100 Updated   
CME_MINI:ES2!   E-mini S&P 500 Futures
Purpose of the observation:
Use ES weekly chart RSI /Price Divergence to continuously monitor US market and predict the crashing timing.

S&P500 ES (between 11-Dec-06 and 28-May-07) RSI diverged from price.
S&P500 ES (between 28-May-07 and 08-Oct-07) RSI diverged from price again. The US stock market crashed from that day.

S&P500 ES (6-Oct-08 and 02-Mar-09) RSI diverged from price, indicating the bottom of the US stock market.
Comment:
S&P500 ES (between 11-Dec-06 and 28-May-07) RSI diverged from price.
S&P500 ES (between 28-May-07 and 08-Oct-07) RSI diverged from price again. The US stock market crashed from that day.
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