Stock Indices Complete A Choppy Week

Normally, a lot of back-and-forth movement in a financial instrument suggests traders are unsure of whether value is higher or lower. As you will see in the Briefing, on a weekly and daily basis the Indices have made no progress in either direction. It is a rotational market. However, this week some of the internals are showing some weakness. Important to a breakout in either direction will be volume. It is still extremely low. A breakout with increasing volume will suggest the possibility of a good move in the direction of the breakout.

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