Come on commercials......back to new highs this evening (like last nights early evening pump job!!!).
Its pretty clear now he's making the whole thing up. I've seen other threads where someone magically gets in at the optimum prices and "makes cash" despite being constantly wrong about market direction. No one in their right mind would add to their short position as the contracts they currently hold ( supposably ) are working rapidly against them. 1237 would be a point where its insanity to short some more. He's making it all up.
My guess is that the US market is waiting for something and that something is probably a Chinese move on % rates.