
SELLING IN ASIA ON WAR RISK CARRIES TO U.S. STOCKS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. War Risk 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 market fell below the support zone and then came back to close near the resistance zone. This is positive. The come back was the biggest come back since 2008. The chart shows that volume was very heavy. This is positive. The chart shows that RSI has not turned up. This is negative. After yesterday’s close, the consensus was for a