Market Internals Decline As Prices Hit Resistance

Based on a purely technical analysis, the Stock Indices rallied into the end of the day but the internals over the last few weeks have weakened and continue to do so. There is economic news out tomorrow that can change the perception of value on the part of traders. Therefore, on Monday any breakout move should be supported by volume first and then market breadth, other wise it will be a suspect move.

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