S&P closed at the top but I am little worried that it is not finding any demand to go little higher than yesterdays close. Mostly it spend most of the time at the lower end of the bar. Market breadth is not showing any negative sign.
Big cap stocks are not looking very weak. I see many negative closing but its not a high volume negative day. At this level if we see negative day, it will be a big negative day.
Still bullish until I see closing below 1290 .....
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