Tuesday, 3 December 2013

Four Markets Go to Cash After Latest COT Data

The holiday-delayed Commitments of Traders data is in, and I've just updated my latest signals table with the results.

The weekly COT data has given me a bunch of new cash signals taking effect on this week's open of trading. The following markets go to cash: natural gas (though that's a signal we knew about last week; see my previous weekly update); silver, crude oil and the 30-year Treasury bond.

All other signals remain the same:

- bullish for the S&P 500 and gold
- bearish for the BKX U.S. Bank Index (a basket of U.S. financials)
- cash for the Nasdaq-100Nikkei and copper

Thanks for your patience with the latest delayed COT update. Good luck this week!


No comments: