By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Mother Of All Reports 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 has pulled back below the bottom band of the resistance zone. The chart shows that the stock market is still hanging above the mini support zone. RSI on the chart shows that the stock market is oversold.  Oversold markets tend to bounce. The consensus in the stock market has been

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. New Data 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 consolidating right around the low band of the resistance zone. The chart shows the Arora signal to take profits on tactical positions. Consider continuing to take profits on tactical positions by scaling out.  New members, see Trade Management Guidelines to learn how to scale out. The chart shows that Arora buy

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Opportunities Ahead But Be Astute 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: Plenty of opportunities are ahead in 2024, but you need to be astute as to when to buy, what to buy, and how to buy if you want market beating returns.   The chart shows that during the Santa Claus rally, the stock market did not hit the top band of the resistance zone.  In the very short term,

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Nice Profits On Tactical Positions 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 market is in the resistance zone. RSI on the chart shows that the market is neither overbought nor oversold. The chart shows the Santa Claus rally is in full swing. Sentiment is extremely positive.  Prudent investors should take note, this is a contrary indicator.  We previously wrote: As we have been sharing with you,

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Market Mechanics Surprise 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 a sell-off yesterday. The chart shows the sell-off brought the stock market below the low band of the resistance zone. The chart shows that this morning the stock market is rallying again in the early trade and is back to the low band of the resistance zone. The chart shows that RSI was very overbought,