May 9, 2022

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.
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