MRG MEGA BERJANGKA
ALMOST PERFECT

US Dollar Speculative Longs Near Lowest Level in Over a Year

Posted By : MRG Mega Berjangka, Mar 17, 2014 – 22:32

USD COT index reveals bearish extreme
GBP COT index reveals bullish extreme
Crude spec longs back off of record

Latest CFTC Release dated March 11, 2014:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	4
Euro	82
British Pound	96
Australian Dollar	57
Japanese Yen	27
Canadian Dollar	39
Swiss Franc	82
Mexican Peso	14
Gold	90
Silver	96
Copper	26
Crude	94

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