Stock Indices Continue To “Melt Up”

The Stock Indices continued the rally, lead by non-other than the Russell. Probably the most important aspect of today’s trading is the strengthening of the market internals. Both breadth and net volume strengthened today and eliminated the internal divergences that existed previously. It will be extremely important for that strength to continue into tomorrow. If it doesn’t, it suggests today was an anomaly and the internal weakness may continue.

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