The Euro

 Here's our Euro led bounce we were expecting late last week, today it has the look of a bear pennant in the red box.

Coincidentally (?) this sell-off in the Euro happened around the same time the US 1 month Treasury results came out, the one in which there were 9x more buyers then treasuries for auction and they priced at 0.00%

That is still sticking with me, there's no gain at all obviously at 0.00% so the money is being parked at the treasury for safe keeping, the odd thing is that there were so many potential buyers and it's a 1 month Treasury. What do they know that has them so scared they are willing to let $30 billion in essentially dead money sit in the Treasury rather then any other bank or investment class? And the 1 month duration? More then a little odd and definitely not bullish.