Waiting for today’s Bond auctions.

We’ve discussed the possibility of a failed Bond auction as a catalyst for a rather large market moving event
for over a year.

30 yr. Bonds will require sustained price action over the qtrly pivot to run out the Bond vigilantes.

Euro has been rejecting a matrix level for the past 24 hours. It will take over the qtrly pivot to confirm a move to 107.

Bond Futures rallying after the auctions should be initially positive Euro

It’s of note that the Euro has not been above its daily balance line since Sept. EUR/JPY has potential.

Indices…trade the Pit gaps.