Contrarian traders entered the market this morning, driving up the prices of all futures contracts except for the EC2508. Although most contracts surrendered the majority of their gains by the close, all long-dated contracts still finished higher on the day. Furthermore, open interest rebounded to 78,000 from 74,000 yesterday. The EC2510 alone has an open interest of 54,361 contracts, representing approximately $500 million in value. This indicates that there is no shortage of bullish sentiment