The market ticked steadily higher all week and even gained traction the more technically overbought it became. Volume was light but breadth quite strong. A dream scenario would be to sell on a Monday pop to fill the 1320 gap on S&P and a mid-week dip to reload for the strong beginning of month and historically strong April. After the run we’ve had this week, a number of stocks are now technically extended, but a similar configuration had happened frequently over the last couple of years, and the bulls have almost always emerged with the victory.
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