# Wall Street Has Only Seen This 3 Times In 30 Years...
**Date:** 2026-05-26  
**Source:** [YouTube](https://www.youtube.com/watch?v=pR9nHECQYWs)

## Main Thesis
A rare Wall Street indicator, seen only 3 times in 30 years, has appeared, signaling potential volatility in markets, especially as midterm election years often bring increased market fluctuations.

## Charts & Technical Analysis

### 1. SPX (weekly)

**Bias:** BEARISH
**Pattern:** RSI divergence/oversold condition
**Key Levels:** 42.63 (RSI)
**Historical Comparison:** This specific RSI pattern has occurred only 3 times in the past 30 years, each time preceding a significant market event.

The chart shows the S&P 500 Index (SPX) on a weekly timeframe. The speaker highlights a rare occurrence where the Relative Strength Index (RSI) has dropped significantly while the price has continued to rise, indicating a potential divergence and an oversold condition. This pattern has only happened 3 times in the last 30 years, suggesting a significant market shift or correction might be imminent. The RSI is currently at 42.63.

### 2. SPX Futures (intraday (likely 1-hour or 4-hour))

**Bias:** BEARISH
**Pattern:** double top, potential breakdown from resistance
**Key Levels:** 7526.7 resistance, 7436.0 support, 7480.0 support

This chart shows an intraday view of SPX futures, with prices currently at 7526.7. The speaker points out rising tensions in the markets after a huge rally in futures. A double top pattern is visible around the 7526.7 resistance level, with two yellow circles marking the peaks. The price has broken below this resistance and is testing the 7480.0 and 7436.0 support levels. The speaker suggests that the market might be opening lower and advises watching these levels closely.

### 3. VIX (weekly)

**Bias:** BULLISH (FOR VOLATILITY)
**Pattern:** declining volatility, potential for reversal
**Key Levels:** 16.71 support, 12.63 potential support
**Historical Comparison:** Midterm election years often see increased volatility.

The VIX (Volatility Index) is shown on a weekly timeframe, currently at 16.71. The speaker notes that volatility season is coming back in, especially during midterm election years. The chart shows a recent decline in VIX, but the speaker implies that this trend is likely to reverse, leading to increased market volatility. An upward arrow points from the recent low, suggesting a potential rise in VIX.

### 4. KOSPI (daily)

**Bias:** BEARISH
**Pattern:** bearish engulfing/rejection at resistance
**Key Levels:** 8100.13 resistance, 7750.00 support

The KOSPI Composite Index is displayed on a daily timeframe, currently at 8100.13. The speaker highlights a period of increased volatility in May-June, marked by several large red (bearish) candles and some green (bullish) candles, indicating indecision and potential reversal. The market appears to be rejecting higher prices around the 8100.13 level, with a clear bearish engulfing pattern visible, suggesting a potential downturn. The speaker emphasizes that there are several key indicators to watch in this context.

## Regime / Cycle Analysis
The video discusses the 'volatility season' often observed during midterm election years, suggesting a cyclical pattern of increased market fluctuations. It also hints at a potential shift in market sentiment from a huge rally to rising tensions, indicating a change in the prevailing market regime.

## Key Calls & Predictions
- Pay attention to Wall Street's rare indicator (RSI divergence on SPX weekly chart) as it has historically preceded significant market events.
- Be prepared for increased volatility in markets, especially during midterm election years.
- Watch key support and resistance levels in SPX futures for potential breakdowns.
- Monitor the VIX for a potential increase in volatility.
- Observe the KOSPI for signs of rejection at resistance and potential downturns.

## All Instruments Mentioned
SPX, SPX Futures, VIX, KOSPI, Amazon, SpaceX

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*Generated by FX Evolution Monitor on 2026-05-28 20:03:59*