May 6, 2025

OVERBOUGHT STOCK MARKET REACTS TO UBER BULLISHNESS, IMPORTANT CHINA MOVE, AND SHOCK FROM GERMANY

By Nigam Arora & Dr. Natasha Arora

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

Reaction Of Overbought Market

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 was near the low band of support zone 3.
  • The chart shows Arora buy signals near the April lows.
  • The chart shows the stock market ran up to the top band of resistance zone 2.
  • The chart shows the Arora signal to take partial profits.
  • The chart shows that the stock market has pulled back from the top band of resistance zone 2 as of this writing in the premarket.
Please click here or the title below to read more.
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