Euro FX positioning sits at the 0th percentile of its two-year range on the short side, Canadian dollar at the 7th, while E-mini Nasdaq 100 sits at the 91st percentile long. That is a crowd long the dollar and long equities at once. The 30-year auction on 8 October graded B+ with a 72.32 percent foreign bid. If the 28 October FOMC lifts the dollar and yields together, the long Nasdaq leg is the exposed one.