30 Yr. Bonds… are attempting to top. By remaining under 140.00 they have the potential to break another point.

TBT…by maintaining above 56.85 close, TBT can rally to 58 which is the next resistance level.

Banks benefiting from the price action in bonds are WFC, C (which now needs to push through 50.27 to confirm more upside) and COF.

Every instrument needs to be evaluated on their own technical merits.

We blew out of the Pound Sterling this A.M. turning a nice trade into nothing. At least we covered the commission cost.