November 17, 2023

$2 TRILLION OPTION EXPIRATION – IRAN BACKCHANNEL MESSAGING CAUSES OIL COLLAPSE

By Nigam Arora & Dr. Natasha Arora

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

Iran Backchannels

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 that the stock market is consolidating after the big rally.
  • RSI on the chart shows that the stock market is overbought in the very short term.
  • The magnet now is the mini resistance zone on the chart.
  • Financial Times is known for its sources in the Middle East.  The headline today of Financial Times is “Iran Told U.S.
Please click here or the title below to read more.
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