It sure feels like July 4 weekend is getting off to an early start as trading has slowed to a crawl today. I only hope the entire Summer is not like this. I believe this environment is more dangerous for the bears as the tape can be pushed around when volume is this thin and quarter end agendas are likely for a higher market. In addition, the market will be maximum oversold by the end of the day tomorrow.
The most important factor whether one is a bear or bull has been not to chase strength or weakness. For now, the elusive end of quarter rally remains elusive. Have a good night.