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We were basically fading gaps all week, fading tests of that 818.5 number on ER (last Wednesday's low, which was breached and then became R on Friday on the attempted bounce off IWM's 200 day MA); and fading sts of the 8 dema.

When the SPX tested Monday's low on Wednesday, the move up started in earnest.

We are back above the 8 dema and back to "buy all dips" for at least a while.
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