Ever wonder what the smart money is doing in the markets? You don’t need to pay big bucks to find out. Just read the Commodity Futures Trading Commission’s free weekly Commitments of Traders report. The CFTC’s COT data is a Holy Grail of market info, listing trillions of dollars in positions in 200+ markets – gold, crude oil, natural gas, silver, forex, equity indexes and lots more. My trading system, which I posted about here for seven years, gave weekly trading signals based on the COT data.
Wednesday, 29 August 2007
Composite U.S. Equity Indicator Bullish
My U.S. Composite Equity Indicator gave a bullish signal based on last Friday's Commitments of Traders report, as I mentioned in my weekly update. This was the third consecutive weekly renewed bullish signal from this indicator, which combines four of my COTs-based U.S. equity trading setups. Click here to see my latest readings from this indicator. Note that the S&P 500 prices are for each week's open of trading.
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