Stock Indices Pause And Work Off An Oversold Condition

As suspected from last night’s Briefing, the Indices spent the day in rotation and paused. Market internals strengthened slightly. The Briefing outlines important short-term Key Reference Areas that could lead to an intermediate timeframe move. Until the market internals show some strength, the risk is to the downside. Let’s if there are higher prices tomorrow and a continued strengthening of internals.

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