The indices had a huge rally today, gapping up sharply at the opening, running hard in the morning, and then working their way steadily higher in a rising channel all session.
The lack of any volume on the upside is preventing the market from getting the confirmation Deron Wagner would like to see in order to start buying on the long side of the market again.
For the last few months, John Mauldin has been addressing the economic choices in front of us. Today, we look for some signposts that will tell us which path we're headed down.
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