so buy uup, that is the way to trade a u.s. dollar or sell fxe, that is the euro. i think being short, euro is the trade. for u.s. investors, that is probably the best way to do it. and you don't worry about export headwinds. >> speaking of the markets, glasso, walk us through what you are watching. >> it is important to know the levels because it confuses people. up and down the next day. so let's look at the important levels. this is the most recent high. most recent low. so let's fill in the blanks. how do we come up with the balance levels that guy and i like to talk about. if you look at the levels, the first bounce level from high to low, the tracement was 1930. second, 1970. that is why that level that guy and i like to talk about, this is your pivot here. the market moved higher from there. these are bounce levels. so what was the ultimate bounce level? 2035. that is where we were going to stop if the market had a lid on it. we stopped at 2020. that is your new level to watch. that is the new level to the upside. i think we're going lower. i think we break