Friday, 13 April 2012

Existing Signals All Still Good

No new signals for the coming week in my COTs Timer trading strategy based on the weekly Commitments of Traders reports.

This is the free data that the U.S. Commodity Futures Trading Commission puts out to tell us the weekly positioning of major trading firms in about 150 markets. Everything from the U.S. dollar to crude oil, gold, soybeans, S&P 500 futures and natural gas is covered.

See my latest signals table for details on how my trading setups are interpreting the COT data.

My existing signals all remain in effect next week: bullish for the S&P 500 (the sixth week on this signal), third week in cash for the benchmark BKX U.S. Bank Index (a basket of the major U.S. financials), second week bearish for crude oil, second week long for gold, ninth week bullish for Nikkei, eighth week in cash for natural gas, fifth week in cash for the 30-year Treasury bond and sixth week in cash for copper.

Have a good weekend, and good luck next week.

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