NASDAQ Breaks Out. S&P Tests Important Resistance. Internals Weaken

I have introduced a few new charts that I believe will really help in analyzing the internal strength or weakness of price trends within the Stock Indices. As you will see in the Briefing, based on previous price levels and internal strength, the Indices are rising on fumes. Volume is still critically low and it appears the Index valuations are simply a few highly weighted stocks driving price. If the internals do not strengthen on any additional rally, the risk is increasing to the downside.

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