March 13, 2025

By Nigam Arora & Dr. Natasha Arora

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

Producer Inflation Craters

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:

• This morning there are significant crosscurrents in both the positive and negative direction.
• The chart shows the stock market briefly dropped below the low band of support zone 1 before bouncing.
• RSI on the chart shows that after briefly moving out of the oversold zone, RSI reentered the oversold zone.
• In an unexpected development, producer inflation cratered in February.