As you will see in the Briefing, volume in the NYSE and NASDAQ fell to recent lows. While today’s gains were supported by market internals, the lack of volume is a little concerning. Last week and this week can be counted as “holiday” weeks. Therefore, the larger many may be sitting on the sidelines for now. If my assumption is correct, tomorrow may be an even lower volume day, unless there is some news event. In any event, the rotational pattern the Indices have been in appears to be in the process of completing a rotation up. There is a decent amount of gains to be made before reaching important support.