Once again, we have a situation where the trend in price continues higher, while the internals that should support that trend begin to weaken. Both volume and breadth were lower today than earlier this week. More importantly net volume in all of the Indices is back to a downtrend. That means down volume is increasing and up volume is decreasing. This is likely due to the higher weighted stocks carrying price higher. The question is whether that is sustainable. Today’s high is a very important resistance area for next week. Trading much above it will suggest another leg higher is developing.