Friday, December 23, 2011

Weekly Market Outlook: Commitment of Traders Cot Heatmap - 20 Dec 2011

As of this week, the dollar index is looking good, even on the long side. If you have been bullish on the dollar, there is no reason to close out your position for the time being. Coincidentally, Gold futures also belong to the same color group ie. yellow. Flight to safety is a recurring theme that has been played out many times this year. With the Euro situation still unclear, and new developments, volatility is expected in the coming month.

No comments: