
INVESTORS PAY ATTENTION – NO MOTHER OF SUPPORT ZONES NEARBY – CPI DATA AHEAD
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
No Mother Of Support Zones
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- Back in January 2020, The Arora Report made a call that the stock market would see a significant drop due to the virus. At that time, Wall Street had decided that the virus would not be a problem.
- The stock market continued to rise after the Arora call in January and made a new high in mid February 2020.