Levels

SPY -- sitting at yesterday's lows. If we break, we can easily test 126.  I'm looking for a risk reversal today, especially after the Senate votes and passes the debt deal.  129 and 130.50 targets on the upside.

XLF -- 14.50 support. 15.08 target to sell half longs, then 15.25

FXE -- breaking yesterday's lows of 141.30 pre mkt.  First stop, 140.50. Looking to sell half EUO at 140 and then rest at 139.50

FXY -- if breaks 127.50, gaps down to 126.85. Looking to play YCS on intervention.

Two technical reasons I like TBT here: