Market Notes, Mar 31, 2010

Summary

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All dips continue to be bought, and there is no follow through selling, that continues to be the theme for this month. A close below 1158 appears less likely, as price and value has been creeping up. Quarter end and month end window dressing and positioning should bring some volatility, but the daily uptrend should prevail.

Euro resistance: 1.3436, 1.348, 1.353