MRG MEGA BERJANGKA
ALMOST PERFECT

Sentiment Extremes Indicated in USD, GBP, Silver and Crude; Beware

Posted By : MRG Mega Berjangka, Mar 04, 2014 – 22:09

Talking Points:

• USD COT index reveals bearish extreme

• GBP COT index reveals bullish extreme

• Crude being bought at record levels

View COT data in MT4

Latest CFTC Release dated February 25, 2013:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	4
Euro	73
British Pound	100
Australian Dollar	55
Japanese Yen	51
Canadian Dollar	35
Swiss Franc	67
Mexican Peso	8
Gold	86
Silver	100
Copper	69
Crude	100

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