Friday, 28 January 2011
Natural Gas to Cash, Then Bearish Again
Wow - nutty week! It's starting to feel toppy, no? A few new trades take effect on Monday's open from my trading setups based on the weekly Commitments of Traders reports from the CFTC. See my newly updated latest signals table for details.
My natural gas signal goes from bearish to cash. In a week, on the open the week of Feb. 7, it goes back to bearish. That setup is just on fire. I'm going to have to check out the evaluation criteria I used to find it and see how those can help me improve my setups in the other markets when I start updating all my setups this spring.
Also, my 30-year Treasury bond setup goes from bullish to cash.
Hope you have a good weekend. I'm going to be traveling so I'll miss my portfolio update next week. But see you back here after next Friday's COT update.