Stock Indices Trend Higher On A Continuation of Weak Internals

In Friday’s Briefing, I outlined the inter-market and internal divergences and suggested the higher probability of a downside move in the first part of this week. Today, the Indices were up. However, the inter-market and internal divergences have become more exacerbated. Unless or until those divergences are eliminated, the risk is to the downside. Watch short-term support areas outlined in the Briefing for a signal of an impending move.

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