[B]Signal: [/B][B]Bullish[/B]
[B]NZD:[/B][B]The 52 and 13 week COT indexes are at 55 and 92. The reading is the same as for the AUD. Conditions are considere bullish until a bullish sentiment extreme occurs – which likely will not happen for at least a few weeks. Bulls should be careful here because the 13 week index is close to 100, indicating that the bullish boat is beginning to get a bit too crowded. [/B]