The Stock Indices today reached the first level of resistance discussed in last night’s Briefing. However, it does appear they are developing in another three-step countertrend rotation. Additionally, volume is extremely low. An overbought condition was reached today, so what happens tomorrow will give us more information on the intermediate to longer-term timeframe price development. Most concerning of the rally today was the very low volume. This rally is not attracting new buyers, at least for now.