STOCK MARKET MOMO CROWD GIDDY ON CEASEFIRE OBLIVIOUS TO IRAN HARDLINERS WINNING POWER STRUGGLE
By Nigam Arora
To gain an edge, this is what you need to know today.
Extremely Positive Sentiment
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 seeing buying in the early trade.
- The chart shows the volume on the rally remains low, indicating lack of conviction.
- RSI on the chart shows that even though the stock market is going up, it is losing internal momentum.
- As a member of The Arora Report, you were ahead of the curve.
April 22, 2026