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March 1 Market Analysis (US)


I see little selling building up in this market., which usually happens after a long run like this. Consolidating market is very frustrating to trade if you don't have enough patient. 

Marketbreadth and overbought-oversold ratio haven't changed much. There is not much happening in this market.

This is not a market to take very high risk. I would keep my risk limited and wait for little momentum in this market in either side.

I am still looking for healthy pullback or consolidating setups for low risk long entry.

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