In Currency land the Euro and Suisse have basically achieved their first Fib tgt’s we put out yesterday. The G-7 meeting is starting.

SPU’s…They’ve muddled around all night. This will be an end of day game. Will they or won’t they close higher on the week? 1169.50 is the end of day # for the Sep SPU.

The 30 yr. Bonds are caught in the middle. New strength or weakness a point either side of here is needed for directional confirmation. We’ll stand pat and watch.

Pick your spots to play today, it’s been a volatile week. Trading fatigue will set in early for the homo sapiens.

Model trading Portfolio…Current Holdings

Long SDS

Short S&P 500 Futures

Long TBT/ Short 30 Yr. Futures