Another Day Of Rotation But Volume Increases

In the last hour of trading, there is an intermarket divergence between the SPY and QQQ. Volume spiked on both in that last hour, however the QQQ did not have the price movement the SPY did. The resolution to that divergence should be seen tomorrow morning. If the SPY breaks out and the QQQ do not follow, expect the breakout to fail, especially if breadth is not increasing.

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