Saturday, 15 December 2012

Going Short Natural Gas Thanks to COT Data

One signal takes effect on next week's open of trading based on the weekly Commitments of Traders data: bearish for my trading setup for natural gas.

This comes after large speculators and small traders got significantly bearish in their total open interest in natural gas futures and options in recent weeks.

The signal will last at most two weeks, however, because small traders got substantially more bullish in the latest COT report issued Friday.

See my latest signals table to inspect the detailed data on the trader positioning in this and the other markets I follow using my COTs Timer trading strategy, which is generally bullish on equities these days but neutral-to-bearish on commodities and the 30-year bond. Good luck next week.

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