
STOCK MARKET BULLS EUPHORIC – BEARS CRUSHED BUT STAY FIRM TO THEIR CONVICTION
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Bulls Euphoric 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 the stock market has moved above the top band of the support/resistance zone. Considering the recent history of the market, this is a big deal. The move above the top band is a buy signal in traditional technical analysis. Expect those who exclusively follow technical analysis to buy stocks aggressively. The pattern of






