MRG MEGA BERJANGKA
ALMOST PERFECT

British Pound Positioning at Level Last Seen at Early 2013 Top

Posted By : MRG Mega Berjangka, Jan 14, 2014 – 00:36

USD commercials flip to short
GBP positioning at level last seen near early 2013 top
Crude speculators remain oddly long

Latest CFTC Release dated January 7, 2013:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	6 – commercials flip to short
Euro	49
British Pound	96
Australian Dollar	31
Japanese Yen	10
Canadian Dollar	12
Swiss Franc	69
Mexican Peso	41
Gold	24
Silver	75
Copper	88
Crude	77

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts (all charts are continuous contract)

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – Black

COTDiff (COT Index) – Black

US Dollar