
PROTECTION BAND IS THE ANSWER FOR INVESTORS – WALL STREET ABANDONS TRUMP BUT TRUMP APPEARS RESOLUTE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Wall Street Abandons Trump
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 is now in support zone 3.
- The chart shows the stock market touched the low band of support zone 3 early this morning.
- The chart shows that as of this writing, the stock market has bounced from the low band of support zone 3 to the top band.