Stock Indices In A Pause Phase

As you will see in the Briefing, The Stock Indices are in a pause phase, and have been for several days. Intermarket divergences are becoming worse, and internal divergences are following. While the Indices started out lower today, they rallied going into the close, but the rally was very weak internally. Breadth was not very strong for the price development and Net Volume displayed less up volume.

A break of the extremes, followed by supporting internals should provide a very good move.

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