
AVOID THE CLASSIC MISTAKE MANY INVESTORS ARE MAKING NOW – IRAN WAR ‘CLOSE TO OVER’
By Nigam Arora

To gain an edge, this is what you need to know today.
Ahead Of The Curve
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 now moved above the upper band of zone 1. Zone 1 was previously resistance and is now support.
- The chart shows the stock market is now close to the magnet.
- The chart shows the volume on the rally has remained low.
- RSI on the chart shows the stock market is very overbought.