MRG MEGA BERJANGKA
ALMOST PERFECT

US Dollar COT Positioning is Similar to Early 2013 Situation

Posted By : MRG Mega Berjangka, Mar 25, 2014 – 02:19

USD COT index at lowest level since January 2013
CHF speculative longs at highest level since December 2012
Gold specs hold largest long position since April 2013

Latest CFTC Release dated March 18, 2014:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	0-COT index is at lowest level since early January 2013
Euro	88
British Pound	96
Australian Dollar	78
Japanese Yen	100
Canadian Dollar	10
Swiss Franc	100- COT index is at highest level since early January 2013
Mexican Peso	18
Gold	98
Silver	94
Copper	12
Crude	92

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