VNDM along with VFIN are the most powerful MM's. If ETRF wasn't sitting there with a million on the bid we'd be down in the low 7's again already. If the 79's start getting taken out with VNDM still on the Ask we will drop. I would say a few minutes after the 79's are out the 77's (level below the 79) will be whacked and we'll be at 74 again. Looks like that's going to happen the way this has been trading the last 30min at 79-8. The bid whacks are being loaded mostly on ATDF, if that gets taken out ETRF will most likely pull the 1M bid. Watch the trades between exchanges not by quantities. Be cautious.
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