Commodity Commitment Of Traders Report On The U.S. Dollar….
Posted By thestatedtruth.com on January 4, 2010
The COT chart of the Dollar is linked below. It is extremely overextended internally and if any technical support levels get violated on the downside, a significant amount of long liquidation is going to occur. We got just a taste of that in today’s session as the Dollar came under strong pressure with year-end positioning now completed and managed money taking positions across a variety of markets for 2010.
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