COT positioning in Euro FX sits at the 0th percentile of its two-year range on the short side, Canadian dollar shorts at the 7th, while E-mini Nasdaq 100 longs sit at the 91st. That is a crowded dollar trade next to a crowded equity trade. The 8 October 30-Year auction graded B+ with a 72.32 percent foreign bid. If foreign demand for long duration thins before the 9 December FOMC, the Nasdaq longs are the exposed side.