It is starting to look more and more like equities will rally to the 1484-1489 area basis the S&P 500 before the re-test of the lows begins.
I had really anticipated this rally process to take a bit longer and also not be so one sided in the trend, but as is always the case... THE MARKET IS ALWAYS RIGHT!
During the re-test of the lows we will finish up removing the hedges from our core positions.
I will also put together the buy list to execute on the Test.