108.23 is going to be a big inflection level in the cross

Eur/yen needs sustained price action below this level for

more Euro weakness.

We’re at the other end of the range in the bonds, the area I’ve been

patiently waiting to sell and re-buy the TBT…

33.60 would be the best possible place to pick some up, however

the early day low here just above 34 is as good a # as any to start

nibbling at this trade again. This is 10%+ better than our last exit.

The best possible match during the day session would be to buy the TBT

when and if the Spu trades 1165.