
HUGE POST DEBATE UNCERTAINTY FOR INVESTORS, NEW DATA ON FED’S FAVORITE INFLATION GAUGE AND PERSONAL SPENDING
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. PCE 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 is attempting to break to a new high. RSI on the chart shows that there is a technical set up for the stock market to go higher. The chart shows that the stock market is significantly above the support zone. This indicates that buying here does not have a favorable risk