
RISING OIL AND YIELDS GETTING IN THE WAY OF DUAL STOCK MARKET MANIAS
By Nigam Arora

To gain an edge, this is what you need to know today.
Rising Oil And Yields
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 pulling back in the early trade.
- RSI on the chart shows the stock market can go lower.
- The chart shows zone 1, which will act as support if there is a pullback.
- The chart shows the March 30 low occurred right at the low band of the zone 3 (support), which The Arora Report provided to members well in advance.