USD COT; Smallest Speculative Long Position Since December

2015-09-21 16:18:00 Jamie Saettele, CMT, Sr. Technical Strategist

Smallest speculative USD long position since December
Largest increase in GBP speculative longs since June 2014 (2 weeks before the top)
Big increase in copper speculative longs

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Latest CFTC Release dated September 15, 2015:

Week (Data for Tuesdays)
US Dollar	4
Euro	96
British Pound	86
Australian Dollar	41
Japanese Yen	92
Canadian Dollar	14
Swiss Franc	77
Mexican Peso	28
Gold	10
Silver	29
Copper	92
Crude	14

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