Stock Indices Surge On Low Volume

Simply said, there is no selling pressure. No matter the move higher or lower, volume is extremely low. Therefore, due to the lack of selling pressure, it is easy for traders to move the Indices higher on low volume. The last several days of the rotation lower, were on very low volume. That allowed for today’s rally. The development of price is certainly up, but with the lack of volume, selling could take over on any event. Use caution until we see a price move confirmed by volume.

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