RSI Divergences Can Signal Major Tops — But Only If Confirmed!
RSI divergences can warn of potential major tops—but only if confirmed by breakdown signals. David Keller walks through DG, GOOGL, AT&T, and the S&P 500 to show what must happen before a divergence becomes actionable.Dave Keller explains how bearish RSI divergences can act as early warning signals of potential major tops—but why they should never be traded in isolation. Using examples from Dollar General, Alphabet (GOOGL), AT&T, and the S&P 500, he shows what a classic divergence looks like and why confirmation through breaks of key support levels, moving averages, and RSI thresholds is essential before acting. Dave also outlines how alerts and structured risk management help investors avoid reacting too early when momentum first begins to fade.
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00:00 Introduction: Spotting Major Tops with RSI Divergences
02:03 Dollar General (DG): Classic Bearish Divergence Setup
03:27 How RSI Works & Why Divergences Matter
05:15 What To Do When You See a Bearish Divergence
06:18 Alphabet (GOOGL): Breakdown Confirmation Example
09:17 Setting Alerts & Defining the “Line in the Sand”
11:21 AT&T (T): From Divergence to Major Downtrend
14:43 S&P 500: When Bearish Divergences Fail
16:52 The Importance of Waiting for Follow-Through
17:14 Back to DG: Key Levels That Confirm or Negate the Top
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