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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