Cash Signals Point to Trader Uncertainty
The market's uncertainty is clear in the latest Commitments of Traders report from the CFTC.
Trader positioning in Friday's COT report puts three of my signals into cash on next week's open of trading: the Nasdaq-100 and crude oil (both of which had been bullish) and the 30-year Treasury bond (which had been bearish).
Meanwhile, my S&P 500, BKX U.S. Bank Index, gold and silver setups remain bullish for now.
See my latest signals table for more details on trader positioning in these and the other markets I follow using the free weekly COT reports.
Have a good weekend, and to Quebec readers: Joyeuse St-Jean!
Meanwhile, my S&P 500, BKX U.S. Bank Index, gold and silver setups remain bullish for now.
See my latest signals table for more details on trader positioning in these and the other markets I follow using the free weekly COT reports.
Have a good weekend, and to Quebec readers: Joyeuse St-Jean!