Trader Sentiment is changing – Could this be an important turning point?
I’m going to keep it short and sweet this week and just say that if this isn’t an important turning point on most pairs we are very close. Market sentiment is extreme and we should now see a strong reversal.
See this article for market sentiment: http://www.dailyfx.com/story/charting_center/futures_positioning_cot_report/Euro_Close_to_a_Bottom_1220383803951.html
Cheers
Pierre






