The PREM continues to trade in a very negative range, and at 1:03 spiked down to -2.00. Close to program selling. PREM seems to be saying we go no wheres to down. It seems with the futures staying negative to the SPX cash, they have to be pulling it slowly down. Only the attempts by whoever are keeping it going sideways.
We got any futures traders? What's it mean when the futures stay consistantly below the cash?