I find that lower volume when an index churns is a more reliable sign of a topping pattern. Often times investors/traders point to an index that is rising on lower volume and they expect it to fall and it never does.
I would be on the look at for a climax top at the end of a low volume rise to be a signal that the markets are going to reverse. We’re in a grind higher pattern as far as I can see for now.
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