US Dollar Reaches Sentiment Extreme

The Daily Sentiment Index for the US$ index is 98% bulls. The last time that occurred was weeks before its top in Q2 2010. The buck would then decline from 88 to 72 in less than a year.

Whatever the case this time, the US$ index figures to be headed for at best, a pause or consolidation.

 

Jan12.2015USD
Last time DSI was 98% bulls