Weekly charts of PX (top) vs. VT (Vanguard Total World Index - bottom) – fun fact

Generally they move in tandem but there are times when they do not. Just before pandemic sell off and the beginning of the current bear market, SPX made a higher high but not by VT (negative divergence), leading to a decline in SPX

Now, the opposite is happening - VT made a higher high last week but not yet by SPX.

Is the divergence suggesting that a higher high is coming in SPX SPY?
Chart PatternsTechnical IndicatorsTrend Analysis

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