An extra 'gut check' for the over eager dip buyer perhaps, and a sign of things to come as the battle intensifies over the June futures and deliveries.
I let my hedges go when the SP futures dropped to support around 1334. I could put some back on but not yet. I was buying a few things that looked to be getting down to reasonable valuations, but the word is 'lightly' and with 'agility.'
