The USD Index – A Speculative Bull Trap?

Commodity & Derivative Advisors

This was our U.S. Dollar Index piece posted at TraderPlanet on Monday. It seems there was an issue with the chart.

The piece actually begins with our January 5th article when we saw the commercial trading position getting out of whack as based on the Commodity Futures Trading Commission's weekly Commitment of Traders reports. Our initial discussion can be found here.

The USD - A Small Washout Coming?

We updated it this week with the following piece, chart and trading signal.

The USD Index - A Speculative Bull Trap?

The commercial traders now control 70% of the total open interest. Official COT Sell Signal issued.
The commercial traders now control 70% of the total open interest. Official COT Sell Signal issued.

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