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COT 04/28

Implications: Bearish

AUD:  The 52 and 13 week COT indexes are at 78 and 92.  The 13 week index was at 100 three weeks ago, which warns of a bullish extreme.  Often times, the uptrend will continue for a few weeks before the reversal in price occurs following an extreme reading.  In other words, watch for a top (possibly already in place).