You’ve seen most of the extremes last night in the markets albeit Spu,

currencies, Bonds, followed with a commensurate commodity sell off.

Remember, pretty much every trade is the same trade.

Price action wise I’d expect the spu to try down at least one more time during the day

session into the 1196-7 area.

Pay attention to where the rallies stop in the Aussie today for further clues of risk appetite.

Failed rallies will show little stock or commodity upside!