STOCK MARKET DIPS INTO ARORA SUPPORT ZONE AND BOUNCES HARD ON TRUMP’S PIVOT – HUGE WHIPSAWS IN GOLD AND OIL
By Nigam Arora
To gain an edge, this is what you need to know today.
Dip In Support Zone And Bounce
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 this morning the stock market dipped deeper into the Arora Support Zone (zone 1).
- The chart shows a huge bounce from the lows on President Trump’s pivot as explained below.
- On Saturday evening, President Trump had given a 48 hour ultimatum for Iran to open the Strait of Hormuz or the U.S.
March 23, 2026