September 29, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Better Inflation Data

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:

• The chart shows the stock market has bounced from the bottom band of the top support zone.
• The chart shows the stock market is at the top band of the top support zone.
• RSI on the chart shows the stock market is oversold.  As we have been sharing with you, oversold markets tend to bounce.