
DO NOT FALL IN THE CLASSIC TRAP — STOCK MARKET EUPHORIA CONTINUES IN SPITE OF PUSHBACK BY FED OFFICIALS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Stock Market Euphoria 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 has slightly pulled back after penetrating the resistance zone. The fact that so far the pullback is slight is a positive. The chart shows that pullback was on heavier volume. In traditional analysis, this is a negative. In The Arora Report analysis, this time it is not a negative because the heavier