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.
Sunday, 6 March 2011
Bullion Bullish
A few new signals to report on my newly updated latest signals table: gold goes to bullish on Monday's open of trading, natural gas goes from bearish to cash on Monday's open, and my setup for the 30-year Treasury bond goes to cash as well. All other signals remain the same: S&P 500, Nikkei and crude oil are all in cash, while my signals for the BKX U.S. Bank Index is bullish. Good luck this coming week!
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