Euro CoT...

All I can tell you is that the commercial traders were heavily short and the large spec's were heavily long into the upside blow off at the end of April.  So, as of May 1st the spec's were really dumb money running from the USD.  Are they any smarter now?  Or did the commercial traders get really dumb?  The Euro chart posted earlier seems to think so. 

Fun stuff in a market full of contradictions and whipsaws.  You gotta love it.

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