never never trust the reporter always always trust the report
Not sure what your source is, but the situation with the USDindex is shown clearly in the COT data.
Not the only 2 traders whoe cannot afford to be caught on the wrong side of the trend are the Large and Small spec traders.
Note where they sit above and below the 0 net position. That is ALL that matters.
Conclusion - too close to call, watch the trend unfold. Large specs are slightly short, small specs are slighly long. Nett positions close to zero. Could dip slightly for a short while - supporting a last rise in prices if it does.
When green and red are on the same side of the trade, we will have our move.
