Sunday, 24 August 2014

Smart Money Bullish on SPX Amid Quiet COT Data

No new signals from the latest Commitments of Traders report Friday afternoon. Traders are relatively quiet, according to the CFTC's free weekly COT data.

Minor development: "Smart money" S&P 500 commercial hedgers have been building their net futures and options positioning as a portion of total open interest.

They're now 1.7 standard deviations above the moving average of recent data. That signal has been bullish since June 16.

See my latest signals table for more details on how traders are positioned in the 10 markets I trade using the COT reports. 

Good luck this week. З Днем Незалежності, Україно.

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