Cot 01/28

[B]Signal: [/B]Bullish


[B]CHF:[/B] The % of total commercial positions that are long measured through a 52 week percentile is at 12 and the % of total speculative positions that are long measured through a 52 week percentile is 86. CHF buying has accelerated recently and a bullish extreme has yet to be registered so continue to favor CHF strength.