Stock Indices Continue To Pause At Important KRA

While the IWM (Russell) is showing more weakness than the other two Indices, the Market internals are continuing to weaken as well. Friday’s huge buying volume has not produced any follow-through. This is a difficult Market to figure out the higher probability of one event occurring over another. One thing is certain, while there may not be enough internal strength to drive price higher in a breakout move, there is a large force that refuses to allow the Market below important support. It will be interesting to see how long that can last.

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