Mixed bag of new signals taking effect on Monday's open of trading:
- bullish for the BKX U.S. Bank Index (this based on bullish positioning in the three-month Eurodollar contract)
- bearish for the Nikkei Stock Average
- cash for the 30-year Treasury bond
Meanwhile, my lovely and talented natural gas setup is still bullish, and knock on wood, doing very nicely indeed. Gold is also doing well in bullish mode.
The signals are based on my setups built around the Commitments of Traders reports, those nifty free weekly reports on trillions of dollars of derivatives positioning in nearly 150 markets, issued by the good people at the U.S. Commodity Futures Trading Commission, God love em. See more details on the positioning in these and the other markets I follow on my latest signals table. Good luck this week.
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