MRG MEGA BERJANGKA
ALMOST PERFECT

British Pound Turns From First Bullish Sentiment Extreme Since 2012

Posted By : MRG Mega Berjangka, Feb 11, 2014 – 04:51

EUR Positioning Flips for 3rd Consecutive Week
GBP Turns From Rare Sentiment Extreme
MX Peso Turns From Rare Sentiment Extreme

Latest CFTC Release dated February 4, 2013:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	22
Euro	33-3 consecutive weeks of position flipping
British Pound	77-bullish sentiment extreme 2 weeks ago-first one since December 2012
Australian Dollar	33
Japanese Yen	75
Canadian Dollar	14
Swiss Franc	53
Mexican Peso	2 – bearish sentiment extreme 2 weeks ago-first since September
Gold	51
Silver	25
Copper	47 – specs flipped to short 2 weeks ago
Crude	96

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