- MXN large speculators hold largest short position since at least 2002
- Copper positioning is extreme
- Crude specs (large and small) are still long!
Latest CFTC Release dated December 30, 2014:
| Week (Data for Tuesdays) | |
|---|---|
| US Dollar | 90 |
| Euro | 24 |
| British Pound | 8 |
| Australian Dollar | 18 |
| Japanese Yen | 26 |
| Canadian Dollar | 65 |
| Swiss Franc | 22 |
| Mexican Peso | 0 |
| Gold | 65 |
| Silver | 69 |
| Copper | 4 |
| Crude | 16 |
The COT Index is the difference between net speculative positioning and net commercial positioning measured. A 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 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. 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
Chart prepared by Jamie Saettele, CMT
Euro
Chart prepared by Jamie Saettele, CMT
British Pound
Chart prepared by Jamie Saettele, CMT
Australian Dollar
Chart prepared by Jamie Saettele, CMT
Japanese Yen
Chart prepared by Jamie Saettele, CMT
Canadian Dollar
Chart prepared by Jamie Saettele, CMT
Swiss Franc
Chart prepared by Jamie Saettele, CMT
Mexican Peso
Chart prepared by Jamie Saettele, CMT
Gold
Chart prepared by Jamie Saettele, CMT
Silver
Chart prepared by Jamie Saettele, CMT
Copper
Chart prepared by Jamie Saettele, CMT
Crude
Chart prepared by Jamie Saettele, CMT
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter for real time updates @JamieSaettele
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Jamie is the author of Sentiment in the Forex Market.
