While the pps stayed at three, this was actually a very strong move. On Friday the 3s were painted at the end of the day. Most trades were at 2. Today only 1% of the trades were at 2 and we churned thru 4 MMs. With EOD trades not posted until after hours, we could have actually seen 4. Going from 2 to 4 on no news is very bullish.
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