CHF Signal: Bearish
CHF: The % of total commercial positions that are long measured through a 52 week percentile is at 22 and the % of total speculative positions that are long measured through a 52 week percentile is 78. The COT indices (52 week and 13 week) have turned from extremely bullish levels near 100, which indicates a high probability that the CHF is forming or has formed a significant high.