COT 7/06

Published July 7th, 2009 - 02:09 GMT
Al Bawaba
Al Bawaba


CAD: The 13 week index has rolled over from 100, indicating a turn from a bullish sentiment extreme.  Sentiment extremes occur at turns so favor CAD weakness (USDCAD bullish).

Implications: bearish (USDCAD bullish)