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, 29 August 2011
Long Gold
Gold goes back to bullish on today's open of trading, according to my latest signals based on the weekly Commitments of Traders reports. See my newly updated signals table for more details on this and the other markets I'm following. All other signals remain in cash. Sorry for the late update this week - Irene knocked out our power yesterday. Hope you got through Irene okay, and good luck this week!
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