COTs Timer: Cashing Out on Crude, Gas Signal From Bullish to Bearish

Saturday 15 January 2011

Cashing Out on Crude, Gas Signal From Bullish to Bearish

My trading setup for crude oil goes from bearish to cash on this coming week's open of trading, while my signal for natural gas goes from bullish to bearish on the weekly open. Those signals are based on my setups using the weekly Commitments of Traders data issued by the U.S. Commodity Futures Trading Commission. Check out the details for those and the other markets I follow on my newly updated latest signals table.

In other markets, data has turned down somewhat for U.S. financials, while the "smart money" commercial hedgers are getting more bullish on the S&P 500, which they were shunning until recent weeks. Also, the wrong-way large speculators have gotten seriously negatory on gold - a potentially bullish sign.

Be sure to check my portfolio page for an update early this coming week. Good luck in the markets and out this week!

TAGS: SPX, S&P 500, gold, BKX, Bank Index, natural gas, Nikkei, crude oil,Treasury, bond, COT, Commitments of Traders,derivatives, Black Swans,market timing,trading system development, CFTC,Commodity Futures Trading Commission,COTs Timer, out-of-sample testing, walk-around testing

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About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.