[B]Signal: [/B][B]Bearish but forming a bottom[/B]
[B]AUD:[/B] The % of total commercial positions that are long measured through a 52 week percentile is at 76 and the % of total speculative positions that are long measured through a 52 week percentile is at 39. Both the 52 and 13 week COT indices are at 8. Readings this low indicate that an important low is about to form.