Stocks Move Higher On Low Volume Anticipating Fed Comments Tomorrow

The Stock Indices ground higher on very low volume in anticipation of dovish comments tomorrow morning by Fed Chairman Powell. They closed at the high so it would not be surprising to see them continue to move higher from the open to the Powell speech. From there, it is a guess as to the next greater degree move. One thing is clear, unless volume can increase on any additional rally, it must be viewed as suspect.

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