
PAY ATTENTION TO CHANGE IN STOCK MARKET REACTION – HEAVY MOMO LOSSES – HOPIUM FOR A RALLY
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Change In Market Reaction 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 has moved above the top band of the support zone. RSI on the chart shows the stock market is poised for a rally. Even though technically the stock market is poised for a rally, in The Arora Report analysis, the determining factor will be the economic data and earnings