Looking Through The Window

We shouldn’t read too much into yesterday’s low volume rally. We’re still in pullback mode, waiting to see how heavy it all may get.

We still think tests of the 50-day moving averages are in store for the major indexes.

But today is the last trading day of the quarter so don’t be surprised to see “window-dressing” as managers buy stocks to add winning stocks to their portfolios for show.

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