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March 20 Market Analysis (US)

S&P had a little heavy selling today but it was not strong enough to get worried about the bullish movement.  We have immediate support at 1378 and until it is broker, I will be looking for long positions.

Overbought-oversold ratio turned sharply down but still it is positive.

At this time this still a strong bull market and until we see heavy weakness, I am going to look for long setups.....

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