January 24, 2025

By Nigam Arora & Dr. Natasha Arora

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

Replacing Humans With AI Agents

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 market is breaking out above the micro resistance zone.
• The trigger for the breakout was Trump’s speech for Davos.
• The chart shows that the breakout is tenuous. A stronger breakout would have been more convincing. 
• The chart shows the volume was low indicating a lack of conviction.
• RSI on the chart shows that the market is very overbought.