COT Reports

[Iris]

The Commercials and Large Speculators have continued to Cover their Short USD Positions...with resultant Open Interest down from 18k to 14k in 2 weeks...thus establishing the Low at 1.1966 in Eur/Usd...with Time/Price based on Weekly Close.

[Iris]

COT Data US Dollar Index Weekly............

[Iris]

US Dollar Index Daily Time/Price.

[currencia]

Very nice charts and thinking Iris. Keep up the excellent work and education. I like what U R processing here.

I see your latest chart with price hard on the 88.

I repost my chart from July 13 above.

[currencia]

Adding some confluence and co-incidence.....

So, what is next?

[Iris]

Currencia...Thank You my Friend.

I did an Analysis on USD...Gold...Eur/Usd over in Sell Eur/Usd...

See that North Train getting loaded...for a visit South to retest 1.1950...and when 1.19 breaks Da Bullish Sentiment will also.

As an aside, the DJIA broke downside of the majic 10 grand level again on Friday, albeit slightly. Whilst minor retrace and tramping about the 10k level is likely, I do not think 10,400 will be seen again fora while. Look out below.

Following up on the DJIA aside, this index is again and now knocking three times on 9,94x and has dropped into the 9,93x in a classic topping pattern.

COT numbers are Bearish for the DJIA...end of summer decline unfolding...Sell those Rallies...Nasty Selloffs thru the last week of August... Sept.04 DJIA should have set a 9500 Low.

[Iris]

DJIA Weekly COT Data...

[bearprofits]

Iris,

Thanks again for the charts

Tring to get this straight in my Bear (bare) brain, Your analysis shows the Dow dropping and the Dollar gaining and testing current lows and below, is this correct?

Thanks again for the education!

Bear