[B]CHF Signal: Bullish but forming a top[/B]
[B]
CHF: [/B]The % of total commercial positions that are long measured through a 52 week percentile is at 6 and the % of total speculative positions that are long measured through a 52 week percentile is 94. Both groups indicate that the CHF is reaching a ceiling and is set to weaken (bullish for USDCHF). The 52 week COT Index is at 94 (extreme) and favors a reversal.