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, 8 January 2012
Banks Bearish, Copper and Bond Bullish
U.S. banks are bearish as of this week's open of trading, according to my trading setup for the BKX U.S. Bank Index based on the Commitments of Traders reports. Copper, on the other hand, goes bullish, as does my setup for the 30-year Treasury bond. Check out the details on my latest signals table. Good luck this week.
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1 comment:
any updates? thanks!
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