The MMs are controlling the price action at the moment with their inventories and it seems they are maintaining a few points at underperform with the DJIA. If the DJIA rallies to close, so will FRE. That index is flip flopping above 9000, so FRE does the same with the MMs making profits on fraction of cent spreads at 1.11 and 1.12 with pressure on 1.11.