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March 14 Market Analysis (US)

S&P had a no activity day today. After major move like yesterday, market needs some time to digest the gain. I don't consider today's very small candle as  a possible reversal candle.

Market breadth was negative today, it was little higher negative day compare to positive breadth. But I am not seeing major worry thing in market breadth.

Overbought-oversold ratio still in positive side. It did went down little but still in bullish territory. Many stocks still must be making highs in the market.

Looking at above, I will be looking for good long candidate and keep some good shorting opportunity in mind for future.

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