Disliked{quote} In the image below, Dealers seem to be confused. But Asset Managers have increased their longs, and their longs are significantly higher than their shorts. So this should be seen as a bullish sign, and possibly an indication of a correction or a trend reversal?{image}Ignored
EURO COT can be a mess
Dealers were heavy short march 2020 at the bottom (you may have thought of a drop), and they have added even more short as it roses, like crazy (hence the current fall)
At 1,22+ dealers were short 70% of the overall open interest
Talking about AM, its very unusual of them to add on dips, but when they do they know their thing
That's why i went long last week and this week, AM increasing their long side, but DXY report look topish (AM and dealers)
COT: The precious data ignored
