XJO 0.55% 7,629.0 s&p/asx 200

Noob question.I noticed some RSI divergence on the daily S&P...

  1. 231 Posts.
    lightbulb Created with Sketch. 93
    Noob question.
    I noticed some RSI divergence on the daily S&P from the last high. Is divergence such as this a reasonably reliable indicator of change of trend?
    Only a screenshot from phone sorry
    https://hotcopper.com.au/data/attachments/4765/4765396-28181211a1b30d667fca6d5bebf31157.jpg
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.