COT 6/08

Published June 8th, 2009 - 10:32 GMT
Al Bawaba
Al Bawaba

US Dollar Index: The 13 week index remains at 0, which indicates a bearish sentiment extreme.  Sentiment extremes occur near bottoms so expect a bottom and reversal in the USD.
EUR: The 13 week index has rolled over from 100, which indicates a turn from a sentiment extreme.  A top typically accompanies index readings of 100.



US Dollar




Implications: bottomed?

Euro


   

Implications: topped?