Replies to post #13628 on Profunds index and sector trading (PRO)

[was Steve]

regarding CUV, it was a big negative for europe for today. the indexes gapped down and went vertical from there and our futes went up with it or was the cause of it. im not sure which one leads and i cant trade from it so it doesnt matter to me. what matters is the action which is counter to teh CUV. it should add to any strength we see in our markets. taht said futes came off their highs by 5 or so points which isnt the expected action. either way a green day should be on tap and it could be a biggie. the potential exists for a big reversal today as well but that isnt as likely