
U.S. CREDIT RATING DOWNGRADED – MOMO CROWD AGGRESSIVELY BUYS THE DIP
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. U.S. Credit Downgraded Please click here for a chart 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 in no man’s land. The chart shows that the stock market is very stretched way above the 200 day moving average. The RSI pattern shown on the chart indicates that the stock market can go either way. The Arora Report had previously shared with you in advance that Fitch was