Low volume pullback | stockbee


Low volume pullback

  • After 8 days of rally , Monday was low volume pullback.
  • The market seems to be setting a range here.
  • The fast selling phase is over and a side way move here might be developing till next earnings season.
  • The sector theme continues to point to recovery with transport and interest rate sensitive sectors dominating the scene.
  • Chinese stocks are again finding a bid after a nasty sell off earlier.
  • Familiar theme of Energy and oil related stocks is also reasserting itself.
  • Technology stocks dominate the downside.

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