
TWO POSITIVES FOR THE MARKET BUT WARSH SPEECH AND JOBS REPORT ADD UNCERTAINTY; ‘NEVER SELL BITCOIN’ ABANDONED
By Nigam Arora

To gain an edge, this is what you need to know today.
Low Liquidity Ahead
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 zone 1 (support) contained the stock market’s pullback.
- The chart shows the stock market is now above zone 1 and trying to rebound.
- RSI on the chart shows the stock market can go either way.
- Due to the upcoming Independence Day holiday, the stock market is about to end a low liquidity period. In a low liquidity period, the stock market can easily be pushed around in either direction.