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Feb 27 Market Analysis (US)

We are not seeing any major movement in this market but market is not loosing its momentum. Every dip we have seen buyers and so far I don't see anything negative about this market.

S&P today made highest high since June 2008 and closed little lower but the way market is moving this level will be broken in next couple of days. Volume is going down and still market is making higher high. shows that nobody wants to sell in this market.

I am going to look for good long position which is again hard to find as everything seem to be extended here.....


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