Euro FX positioning sits at the 0th percentile of its two-year range on the short side, while E-mini Nasdaq 100 positioning is long at the 91st percentile. The 30-year auction on 8 October graded B+ with a foreign bid of 72.32 percent. Elevated sentiment readings number 12, up from 7 the prior week. If the FOMC on 28 October lands hard, crowded Nasdaq longs and a one-way euro short are the positions that matter.