
STOCK MARKET BULLS DISAPPOINTED ON HOTTER PRODUCER INFLATION BUT TRUSTING MARKET MECHANICS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Hotter Producer Inflation 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 moved up above the top band of the top support zone. The move up was driven primarily by market mechanics. Bulls are confident that market mechanics will drive the stock market to the mini resistance zone shown on the chart. Bulls have data to back up their belief. About two thirds






