S&P 500 is selling off on the daily chart.
Bearish divergence -> RSI sell signal -> Pending sell signal -> Pending candle close below trending dots
What comes next $7,000 or $8,000?
S&P 500 has printed bearish divergence.
These targets assume the top is in but not confirmed.
A lower high is the higher probability of the reversal.
Note: Higher time frames remain ultra bullish but lag timewise.