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NASDAQ (QQQ) and S&P 500 (SPY): Price Action Not Supported by Volume

 Over the last few days, as the market attempts to bounce and push higher, the trading volume has been declining, indicating that the price action lacks strong support.


Next Friday marks a major options expiration day, which could lead to increased market volatility. Be cautious with your long positions, as heightened volatility may return in the middle or later part of next week.

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