Stock Indices Pause At Important Resistancee

As anticipated in last night’s Briefing, the Stock Indices displayed a breadth divergence that resulted in a pause or rotation lower today. Important to the analysis is the fact they are all at extremely important resistance levels. If they trade much through resistance on strong internals, it will suggest the countertrend rotational pattern I have been watching is invalid. Trading below short-term support suggests that the analysis is still valid.

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