Stock Indices End The Week In A Lot Of Chop

For about three weeks, the Stock Indices have been in a rotational pattern with no real direction. Volume has collapsed and market breadth is declining with each passing day. There is simply no impetus from traders to move the market in either direction. However, when there is a break of the current rotational pattern and if it is supported by increasing volume, there could be a very good move. A breakout with low volume can suggest a false attempt.

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