The uncertainty of the market participants could be best described across the board based on the price behavior currently viewed in the market place. Setting aside for the time being the other fundamental factors surrounding the market, one would be view it as a waiting game for breakout prices to occur. Although, the overall sentiments derived from the previous market movements of recent days compared to the previous weeks have certainly been subdued. The continuing analysis has been a bit more challenging, since the market prices would never really show its actual intent ( next directional price movement). Even with the combined technical tools available, the uncertainty will always be present in the market place. However, a well informed investors' decision or analysis can only lead to a calculated speculative action best described weighing the risk/reward ratio in a given period of time.The probability of an increase market volatility would occur depending on the interest and intense activity made by the majority of institutional players rather than the main street investors is no comparison to say the least. With that said, from the most recent COT report the overall shift of interest and volumes have been identified from the key price reversal established from the US Dollars higher directional move as to this writing. Currently measured by the US Dollar Index at 75.30 basis point; it now has more room to re-adjust lower and re-test its lower band before a real trend reversal could occur. And in addition, a second wave of volume and open interest increase can only justify this key turn or pivotal price point for the USD to be more convincing.
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