Stock Indices Continue to Rally But Volume Collapses

We have to respect the trend in price, which is currently up. However, along with that, it is very concerning this rally is not attracting new buying. As you will see in the Briefing, volume continues to fall off. Any hint of selling pressure could bring in much more selling. Therefore, we have to be long the trend, but with caution until volume tells us more buyers are coming into the market.

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