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, 31 October 2011
Nikkei, Crude to Cash
Two signals taking effect on today's open of trading. My trading setups for the Nikkei and crude oil both go to cash. See my latest signals table for the details on these and my other setups based on trader positioning as reported in the weekly Commitments of Traders reports issued by the U.S. Commodity Futures Trading Commission. In other markets, my natural gas signal goes from bearish to cash on Nov. 7, while my copper setup goes from bearish to cash on Nov. 21. Good luck this week, and Happy Halloween.
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