Well, I've looked pretty much high and low, nothing of interest went on last night, the Japanese markets were "relatively quiet", the USD/JPY gained a bit, but nothing special, Index futures were simply ramped overnight, why, for how long, is this the quick reversal I was talking about yesterday? I have no idea, there just isn't anything sticking out to support it, it just happened, whether it holds in a.m. trade or not is a question we'll have to wait and see as far as the answer.
My gut feeling is this does not hold, just because of what I see on the 1 and 5 min charts and general market behavior, if that be the case, we may end up here on a close any way, it would be one VERY volatile day.
All of the Index futures look roughly the same, here's ES...
I'll do an early check of opening indications
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