3/05/2012

Market in low intensity correction


Market in low intensity correction.
The primary move is still bullish and underlying setups indicate likelihood of further upside once this correction ends. The correction is so far is concentrated in small cap.




The leaders of the rally will  hold up well during correction and will breakout ahead of the market.
The breadth has been holding up well. So far there has been no 300 plus day kind of selling. 
Underlying setups look good. 

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