
SURPRISE RESULTED IN THIS MARKET MECHANIC CAUSING A SELL-OFF BEFORE TRADITIONAL SANTA CLAUS RALLY
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,






