Stock Index Divergences Continue

The divergences in the Stock Indices continue. Interesting, but as discussed in the weekend Briefing, the Russell is still the stronger Index. The problem is, while it is leading the way higher, the other Indices are not following.

The last three days have seen the S&P and NASDAQ pause. A break of that area of rotation, followed by increasing volume and confirming breadth should offer good trade location.

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