COT 05/11

Published May 12th, 2009 - 12:02 GMT
Al Bawaba
Al Bawaba

CHF:  The 13 week index is at 100, which indicates a bullish sentiment extreme. 




Tops occur at bullish sentiment extremes, so favor a reversal towards CHF weakness (USDCHF strength).

Implications:  bearish (USDCHF bullish)