Once again, the Indices either broke to new highs or tested the highs on a continuation of weakening internals. Volume was even lower today in the NYSE and NASDAQ. However, net volume was actually negative in the NASDAQ, suggesting there was more selling volume than buying volume, yet price made a new all-time high. Interest rates have been falling and that may be what is saving the current rally. Any negative geopolitical, economic, of political news may have a tremendous negative effect on prices, especially with the internals as weak as they are.
