Negative divergence means prices produce higher highs but techni

cal indicators fail to match with prices to show similar higher highs pattern; instead, they show lower highs, which is a significant signal to imply that the intrinsic strength/momentum of the market is weakening, and market reversal is likely to happen. Usually, MACD and RSI diverging with prices is sufficient to indicate an impending market correction. Pls refer the indicators behaviour in Jan 2022, you will understand more. It is almost certain that a major correction is coming by just seeing the negatively diverging technical indicatiors appeared in the SPX 500 the weekly chart in Dec 2023.