As summer begins its final weeks in the northern hemisphere, several markets have shown interesting COT data viewed over the last several reports. Grains and oilseeds have seen non-commercials commit to the long side and copper could be at one of the turning points I have noted in previous posts.
This RadarScreen capture shows the net change in the net non-commercial position, expressed as a percent of the total non-commercial open interest, in the Commitments of Traders (COT) data released Friday, August 30.
Top 5 Dividend Stocks To Own For 2014
This indicator and more information about COT reports are available in the Analysis Concepts paper titled "Commitments of Traders: Breaking Down the Open Interest." As detailed in the paper, the intention is to follow the money flow of large speculators: money managers, hedge funds, etc.
You can read more of this blog here. Written by Stanley Dash, VP, Applied Technical Analysis, TradeStation. Follow TradeStation
No comments:
Post a Comment