COTs Timer: Bearish Turn for Nasdaq-100, Crude Oil

Monday, 11 March 2013

Bearish Turn for Nasdaq-100, Crude Oil

Back home after a nice trip to Manuel Antonio, Costa Rica. Lovely place, but it's nice to be back in peaceful Montezuma!

Sorry again for the delayed Commitments of Traders update this time around. I've just updated my latest signals table based on Friday's COT report. A few big moves in the data last week in some of the markets I'm trading, as you can see on that table.

Two signals take effect this week: bearish for the Nasdaq-100 and crude oil. Meanwhile, commercial hedgers in S&P 500 futures and options remain highly bullish, as first reported in last week's post. That signal goes to bullish on next week's open of trading.

Good luck this week, and see you back here after Friday's COT data comes out.

No comments:

Post a Comment

About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.