SPX500 hidden bearish divergence on 1y chart. Big depression?

10 באוק׳ 2023

SPX500 technical analysis shows bearish divergence in 12 month chart which could mean a hidden depression coming. With possible war in middle east and market uncertainty due to BRICS power overtake, the US dollar and therefore US companies could face a big loss driving the SPX500 to a sudden drop which could last for some years like the 1st great depression.

As all good traders and investors know, history tends to repeat itself. What do you think ?