Watching today’s market rally is not so unexpected the question was would be how much of a further move lower would the $SPX make before the Buy the Dippers moved in. Well it started at 9:30am this morning. We got the pullback as expected but it came overnight and got us down near 2100 on the es mini futures. We did a nice job of hold this level into the open then it was off to the upside for most of the day. We stalled out the last hour of the day but didn’t give much back at the close. The over night session should be interesting and I have an upside early morning bias for tomorrow we are currently long the SPY and I will take them off tomorrow for a nice profit. As we did buy into the 60 minute rotation.