Stock Indices Continue To Test Resistance On Collapsing Volume

The Indices opened higher today only to be followed by a typical decline. A quick look at the internals showed breadth diverging and volume continuing to decline. It is going to be very difficult for this market to breakout in any significant way unless or until the internals strengthen.

This is a very difficult market.

Leave a Reply

Your email address will not be published. Required fields are marked *