Bear Market Rally or Something More?...03.03.16

It was a tenuous start today with technicals solidly red and then buyers slowly came in, bailed out and then ultimately pushed the markets higher.  There's still a number of caveats for the bulls and the squirrelly behavior of XLU, which should be fading if the bulls are in charge, still leaves room for suspicion.  Friday is biased bearish but the talking heads are now suggesting buying the dips rather than selling the rips.  Of course, they've were wrong before so trading small scale is not a bad idea.