Volume In The Stock Indices Does Not Paint A Strong Picture

The key is volume. While we have to respect the trend, which is up, it is a very weak trend based on the continuation of declining volume. Simply put, this Market is not attracting more buying pressure. The lack of volume tells us to use caution on long positions and good stop management. Unless the volume divergence is corrected, the Market may be in for a greater degree time and price countertrend rotation.

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