Stock Indices Perform As Anticipated In the Briefing

As discussed in last night’s Briefing, the Stock Indices made a new low on stronger breadth. This was a clear signal of strength, signaling some type of move back to the upside. The rotation up, as of today’s close, suggests it is countertrend. If there is a high above today’s high, breadth should be increasing. If it is diverging, expect another rotation down. On any move above today’s high, breadth and volume should be increasing.

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