Friday, March 12, 2010

COT U.S. Dollar Diffusion Index

The up trend in the dollar diffusion index has failed. Ready or not, against the prevailing consensus/hype, the trend line roll over implies: (1) a lower dollar, (2) higher gold, (3) and a return of the giddiness of the carry trade on Wall Street in the near future.

U.S. Dollar Index and the Commercial Traders COT Futures and Options U.S. Dollar Diffusion Index (DI):

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