Chart work by Faraz says this week could mark the low.
His reasons:
✅ Monthly RSI is showing a hidden bullish divergence
✅ Monthly volume is contracting, as it did at the 2020 and 2009 lows
✅ Index is approaching monthly support at 157,040-158,100, untested in nearly 10 years
✅ Chaikin indicator is showing bullish divergence
Do you think this week is the bottom?
Vote, then tell us in the comments: which signal do you find most convincing, and what would change your mind? 👇
Technical views are not guaranteed outcomes. For learning and discussion only, not financial advice.