The 30 yr.Bonds have finally probed the old support #’s of 119.08-15 last night. For short term traders we prefer to sell the rallies into this area.

Euro will be back on the menu today. Pay close attention to this week’s low. We are looking to see if the Euro holds this low on a closing basis. This will tell us how the dollar rallies. Will the Euro lead or will it be the Yen via EUR/JPY moving higher?

We also have a position in the XLF from around 16.30. We’ll try and come up with a trailing stop today.

Gold and Silver..stay the course for now.