Mostly quiet this week in Commitments of Traders land. This afternoon's COT release from the Commodity Futures Trading Commission resulted in one new signal in my COTs Timer trading strategy based on this weekly derivatives data: cash for the BKX U.S. Bank Index. Here's a little round-up of some of the action. For more details, see my latest signals table. - U.S. financials: My trading setup for the benchmark BKX index goes from bullish to cash on Monday's open of trading. That's because the large speculators, whom I trade alongside in this setup, have suddenly reduced their net futures and options position as a percentage of the total open interest. The other two components of the setup remain in bullish mode, so the overall setup goes to cash. It had been bullish for three weeks.