
TARIFFS WILL PROVIDE GREAT BUYING OPPORTUNITY IN LONG TERM – INVESTORS MUST FIRST CROSS STAGFLATION CHASM
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Great Buying Opportunity Ahead
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 barely broken below the low band of support zone 1. If the stock market continues lower, support zone 1 will become a resistance zone.
- The chart shows a positive RSI divergence. This indicates the internal momentum of the stock market is not as negative as the price indicates.