$INDEX and COT report – now it’s up to the “large players” :)

With the last strong move of the dollar it still doesn't look like there is a change of a momentum. Yes, we had faster price action on dollar pairs against the favour of the dollar(approx.100pips on Friday) but according to the COT reports there is still a little bit of uncertainity around shorting $INDEX. The COT report is usually one week behind so I am looking forward to the next week picture. If changes in "large long – large short" position get higher to the SHORT ZONE and all other indications from commercial side and speculators side stay quite the same we can expect dollar to move down. I will be ready 🙂