Stock Indices Rally On Low Volume Prior To A Long Weekend

The Stock Indices rallied into the close today on extremely low volume. While breadth expanded nicely, volume declined all through the day. Once again, this is a rally that is not attracting new buyers. It is a rally that is losing buyers. That can also be typical before a long holiday weekend. With that said, I am still suspect of the current rally. The Briefing will show you how the previous rally performed based on declining volume. Tuesday should give us important short-term information on the next greater degree time and price move.

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