RSI Divergences don't provide meaningful information in SP500

I noticed a chart by another user that showed some scary divergences with RSI peak drops as SPX reaches new highs over a prolonged monthly chart. The 3 signals from 2000, 2007, and 2019 all led to market corrections. I decided to look closer at this myself and found that divergences didn't always lead to sell offs.

My own personal view of the market is that I see lots of reasons to be bearish, but the charts are bullish. I am cautious, skeptical, and open minded about the market direction. If we were going to give credit to the work by Derronpocci, I think we would make the argument that the divergences he found were more profound and larger than the ones that led to uptrends.