I can’t tell if this is a ding letter, or just a “hold on, and we’ll get in touch with you” letter:

Thank you for your interest in the position of , with . All applications are currently being reviewed and decisions for the first round are being made this week. Candidates who are not able to meet this first round will be notified some time during the week of March 24th.

We appreciate the time and thoughtfulness that you took in introducing yourself and your work through your cover letter and resume. We will keep in touch and in the interim, wish you well in your search.

What do you think?