
HOLIDAY WEEK LOW LIQUIDITY HELPING PUSH STOCKS HIGHER IN SPITE OF RISING CHINA CONCERNS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Low Liquidity Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that the stock market is consolidating in no man’s land in between zones marked as support/resistance zone and resistance zone. Momo gurus are pumping the narrative that there will be a sharp break to the upside from the consolidation. RSI on the chart shows the market is slightly over bought, but the pattern is that of a rally. This is a holiday week. Senior