We just bought the TBT… this = short Bond futures. This is a Risk On trade. We started with the side of the spread we thought had the most definable risk.

WE are also buying! a 25% position in the AUD/USD at the market with a stop below today’s low, on an intra day basis ( 102.70 cash AUD/USD Stop).

103 cash is a big pivot in the Aussie.

Those of you who want equity exposure, use today’s All Session low for risk management.