
STOCK BULLS EXCITED ABOUT HIGH VOLUME REVERSAL BUT WRONG ABOUT THE FED
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. High Volume Reversal 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: In yesterday’s Afternoon Capsule, we wrote in bold letters, A rally may ensue right here as most of the blind money is invested prior to the close. The foregoing call has proven spot on. DJIA closed up 775 points with much of the rally occurring in the last hour. The chart shows a reversal. The chart shows the reversal was on higher





