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.
Monday, 28 December 2009
Bond Setup to Cash
I'm going to cash on this morning's open of trading in my 30-year Treasury bond setup, which has been bearish for the past week. As I noted in my last weekly signals update, this bearish trade was to last just a week. The latest Commitments of Traders report is delayed until this afternoon, so check back in here later for an update of my setups based on the new data. Hope you had a restful holiday, and good luck today.
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