Don’t much care for the action today but it is Friday and we seem to be back in a place where all Friday’s and Monday’s are bad again.
I did pick up a little USLV this am for an instant loss – the USD has decided to turn higher.
I guess we’re holding out hope for a stronger 4th quarter. I don’t know.
As for the COT’s I expect they’ll look a little better but there’s still going to be a lot of commercial shorts still on the books.