SPX/NDX/DJI – Bearish Divergence Setup

TRIGGER TRADES
12-06 07:46

$S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ now hold a bearish SMT divergence at the Nov 12 high — the same level where $Dow Jones(.DJI)$ peaked.

At the same time, both NDX and DJI are rejecting from Daily FVG resistance, adding confluence for a potential reversal.

Even with price hovering near new highs, my lean remains that we see a pullback into the Dec 10 FOMC.

For confirmation, SPX still needs a daily close below 6812 to validate the bearish divergence, while a close below 6715 triggers the full sell signal.

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