Stock Indices Pause On Very Low Volume

It appeared the Indices today were going to breakout of a short-term rotational pattern for the last two days. However, volume was extremely low and did not provide the energy needed to extend the intermediate term breakout. While it is common for volume to fall off during a rotation, if there is going to be another move higher, volume will certainly have to increase to support the price move. Otherwise, we could see rotation back through the two day range.

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