maybe.....i am inclined to think we'll rotate in this area, so,...

maybe.....i am inclined to think we'll rotate in this area, so, that agrees with a slight down open as a bias......the key is the context of the move.......

if the us/euro background is seen by the aus players as bottoming with slight positive indications such as the euro600 bank index (see earlier chart post) then the same as today.....

i think that if we were in a genuine sell mode the aus futes would immediately sell down in anticipation.....gun to the head guess......the bigger context being we have a lot more upside and todays inside v action is completely inline with that....i'd go with the slight premium as a direction bias