Monday, 12 July 2010
Smart Money Highly Bullish on Rebound
Steady as she goes. No new signals this week for my trading setups based on the Commitments of Traders data from the CFTC. I've updated my latest signals table based on Friday's COT data release. My trading setup for the S&P 500 is bullish again this week and will remain so for at least the next three weeks. As you can see from my signals table, the "smart money" commercial hedgers in S&P 500 futures and options are highly bullish this week, while the wrong-way small traders are again heavily bearish.
Sorry about the late and truncated report this week. Hope you had a good weekend. Check back in later today or tomorrow for an update to my portfolio page.