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"Stock indexes closed higher on Tuesday due to short covering
triggered by value buying. .............The March S&P 500
index also closed sharply higher on Tuesday confirming last
Friday's breakout above this year's downtrend line. Today's
high-range close sets the stage for a steady to firmer
opening on Wednesday although I would not rule out a setback
tomorrow due to light profit taking. Momentum indicators
have turned bullish signaling that sideways to higher prices
are possible near-term. The March S&P 500 Index closed up
14.80 points at 851.80", said INO report.
This kinda says the same thing several are saying. With
some much agreement you have to wonder.
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