Here Comes the Bounce

Things are starting to look a little better now, aren't they. My trading setups based on the Commitments of Traders reports are looking brighter by the week. First, gold and silver turned up, as did the Russell 2000 and S&P 500. With today's data, my setup for the NASDAQ 100 index has also flipped from cash to bullish. This setup uses no trade delay, so that means I'm going long on Monday's open. Visit my Latest Signals page to see where things stand with other new signals from this week's data. Have a good weekend, and good luck next week! Also, be sure to check back here early next week for a portfolio update based on new trades for Monday and other updates from my ongoing system testing. Stay tuned for further refinements coming soon to a COTs blog near you.