SPY Forecast 9/8/2015

201509.08
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The S&P 500 index proxy (SPY) is currently digesting its recent drop, and not a lot has changed since last week’s forecast. Our forecast is for the market rally back into the zone shown in the video in Ivory…At that point a lower high should form, but we are waiting for more clarity in the data before upgrading this forecast to a true trading opportunity.