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Daily Market Analysis May 04, 2017

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The markets were fractionally up today . The Indexes like S&P , DJ30, and Nasdaq continue to hold their gains.

However  under the hood there is steady breadth deterioration. For last 5 days the number of stocks above 40 day moving average have declined. T2108 is now at 50% level.

The video also highlights few buy and sell idea based on breakout scans.
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