Saturday 26 July 2008

Dow Goes Bearish, Crude and Natural Gas to Cash

A few interesting new signals for execution on Monday's open from Friday's Commitments of Traders data, including bearish for the Dow and cash for crude and natural gas. Check out my latest signals page table for all the gory details. Note that I will not be going short the Dow as the majority of the markets I follow that are highly correlated with the Dow are not leaning in the same direction. The Russell 2000 is in cash, while the BKX Bank Index is bullish. I don't currently have a position on for the previous Dow long signal, so there's no position to sell. I'm on vacation, so apologies for the truncated report. Good luck next week.

3 comments:

Anonymous said...

i could have told you to sell oil without any system, too. the price dropped by 15% recently. one doesn't need a trading system to figure this out.

Anonymous said...

Alex,

have you checked out

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

for the changes in the energy sector?
This probably influences on your backtested results...

Andreas

Anonymous said...

Alex,

have you checked out

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

for the changes in the energy sector?
This probably influences on your backtested results...

Andreas