Here is the latest COT report from the institutions, showing their positions
On 12/12/2017 COT report, I see the institutions added longs 627,from 205K to 206K, and aggresively closed shorts 20,156,
from 112K to 92K
This comes from the day before the FOMC meeting
as the week price rallies upwards to high 1876 then backdown to low 1717 at the close of the report.
69% long exposure vs short exposure 31%, which 4% increased in longs and 4% decreased in shorts from previous week
Net positions( long) increased from previous week 93k to 113k
Gross long positions and net long positions are the largest for this year by my tracking . And the largest net long position in a decade by some research
My thought: we won't see institutions unwind their longs unless dollars index can close above 95 at weekly close. Currently 93.93.
Euro bulls could struggle to push the currency higher given the already-lopsided positioning by institutions in Euro.
On 12/12/2017 COT report, I see the institutions added longs 627,from 205K to 206K, and aggresively closed shorts 20,156,
from 112K to 92K
This comes from the day before the FOMC meeting
as the week price rallies upwards to high 1876 then backdown to low 1717 at the close of the report.
69% long exposure vs short exposure 31%, which 4% increased in longs and 4% decreased in shorts from previous week
Net positions( long) increased from previous week 93k to 113k
Gross long positions and net long positions are the largest for this year by my tracking . And the largest net long position in a decade by some research
My thought: we won't see institutions unwind their longs unless dollars index can close above 95 at weekly close. Currently 93.93.
Euro bulls could struggle to push the currency higher given the already-lopsided positioning by institutions in Euro.
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