What is big money saying about the U.S. dollar?

Market Pulse: September 24

COT Data

Take a real good look at what happened in the Traders in Financial Futures report. On the weekly chart you can see the large move and posture change by “big money.” Last week Dealers/Intermediaries were net short -23,007 contracts. This week they are net long 7,155 contracts. You do not have to look that far back to see where the USD was headed the last time this group was net long. Just look at the beginning of 2011 to see how the US Dollar Index dropped. Leveraged Funds last week were net long 17,608 contracts, this week net short -6,160 contracts and Asset Managers were seen dropping net longs last week at 666 contracts net long, this week they are net short -1,996 contracts.


If you need help understanding how to understand how to use the NEW COT report to your benefit get instant access to my new e-book "What Lies Beneath ALL Trends". It is filled with eye opening information.Commercial Net Tracker instructions: This form tracks the Commitment of Traders (COT) data for the commodity futures market. This form "looks" at the most recent five weeks of COT data and provides visual indications of the data. A) If the current value is at a 12-month low, the cell will display a red/burgundy background. B) If the current value is at a 12-month high, the cell will display a green background. C) If the current value went from net negative to net positive, the cell will display a blue background (indicating a bullish condition). D) If the current value is both a 12-month high and also went from a net negative to a net positive, the background will be green. You should view the data with green backgrounds to determine if they also went from net negative to net positive.

Proceed to Page 3 for this week's detailed fundementals...

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