Loading ...I’m not sure about the USD and being ready to bounce, but it did fall pretty hard and fast, so maybe. It hasn’t been able to hold all that well today as it was up close to 1% or so in the overnights.
I don’t want to get too crazy bullish here because I always get smacked when I do, but it does look like we’ve turned and hopefully continue up into year end.
I thought last week’s COT Report was normal with the scum bankers loading up the short side.
Who knows?
Good luck with your shorts.