USD INDEX Statistics SPECULATORS | COMMERCIALS – Percent of OI Longs: 80.5 | 3.1 – Percent of OI Shorts: 11.8 | 80.6 – Net Position: 35879 | -40442 – Gross Longs: 42010 | 1634 – Gross Shorts: 6131 | 42076 – COT Index Reading: Extreme Bullish | Extreme Bearish
Scenario A: Wait for the bears market to turn into a bull market following the major trend, along with testing of the rejection zone. Scenario B: Bears could slight break rejection zone testing 20.874 Scenario C: Breakout from the rejection zone and continue the downwards movement (Invalid analysis). Recommendation: Let the price at least test the rejection zone and FAIL before looking for a longing opportunity