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March 16 Market Analysis (US)

S&P is in a strong up trend and until we see heavy selling days we should be looking for good long setups.

Market breadth is positive and overbought-oversold ratio is also positive. 

Looking at above indicator, I am going look for low risk long positions. Somehow, all time high breakouts are not working well for me. Looks like I am becoming a pullback guy......

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