
MOTHER OF ALL REPORTS DISAPPOINTS BOTH BULLS AND BEARS – CRITICAL WALLER REMARKS AHEAD
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Critical Waller Remarks 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 that the stock market formed a double top inside the resistance zone and was unable to penetrate the resistance zone. From a technical perspective, this is a negative. The chart shows that the stock market has fallen below the resistance zone. RSI on the chart shows that the stock market is oversold.