
S&P 500 TESTS PSYCHOLOGICALLY IMPORTANT 3600 LEVEL AND BOUNCES
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Test of 3600 Please click here for a chart of S&P 500 future (ES_F). Note the following: The chart shows that the market was running up going into the regular session open. Momo gurus were hyping stocks over the weekend. Their followers were putting market orders to buy. Knowing that there were a lot of orders to buy at the open, market makers front ran and bought stocks in the pre-market. After the regular session opened, the buy orders from the weekend were