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haug01
Jan 5, 2018 1:18 PM

EURUSD hits a double top.Commercial traders are extremely short. Short

Euro / U.S. DollarFOREX.com

Description

EURUSD hits a double top. In the futures market (go to barchartdotcom), the Commercial traders are at an all time record net short position. DXY leads the currency futures heat map today. I was already long one DXY future with a small gain. I will go short one EURUSD future. I will go long UUP in my 401k. FWIW, grains are strong (I am long), metals are weak (I am short copper).
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