SPY Forecast 3/1/16

201603.01
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The S&P 500 index proxy (SPY) has rallied to test the bearish ivory zone. The first test last week provoked a two day selloff, and we expect to see this unstable bullish behavior for the next couple of weeks. We are intending to profit from this lukewarm short term bullish outlook by the long exposure we currently have in individual issues…