19 May 2007

Emini Weekly Update: Commitment of Traders – 19 May 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +1.8%

Professionals are net long and their net long positions make up 1.8% of total open interest in all stock index futures. This is an increase of 0.8% from last week. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 10 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +62

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator declined this week from +70 to +62. A second oscillator turn and we're still looking for price action and breaks of significant support levels to confirm a change in trend.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

12 May 2007

Emini Weekly Update: Commitment of Traders – 12 May 2007

Here are the latest Commitment of Traders charts for Emini traders:

Commitment of Traders Image

This week's Commitment of Traders reading is +1.0%

Professionals are net long and their net long positions make up 1.0% of total open interest in all stock index futures. This is unchanged from last week. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 9 weeks ago.

Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +70

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator rose this week from +60 to +70. No break yet and the oscillator continued up. We're still looking for price action and breaks of significant support levels to confirm a change in trend.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

5 May 2007

Emini Weekly Update: Commitment of Traders – 5 May 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +1.0%

Professionals are net long and their net long positions make up 1.0% of total open interest in all stock index futures. This is a decrease of 1.5% from last week – quite a large drop. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 8 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +60

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator rose this week from +45 to +60. No break yet and the oscillator continued up. We're still looking for price action and breaks of significant support levels to confirm a change in trend.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

28 April 2007

Emini Weekly Update: Commitment of Traders – 28 Apr 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +2.5%

Professionals are net long and their net long positions make up 2.5% of total open interest in all stock index futures. This is an decrease of 0.3% from last week. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 7 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +45

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator dropped this week from +52 to +45. This is the first sign of weakness in the current rally. We now need price action to confirm a change in trend, so look for breaks of significant support levels during the next week or two.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

21 April 2007

Emini Weekly Update: Commitment of Traders – 21 Apr 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +2.8%

Professionals are now net long and their net long positions make up 2.8% of total open interest in all stock index futures. This is an increase of 0.2% from last week. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 6 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +52

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator continues to rise into positive territory as the Emini approaches recent highs. Any reading above zero is strictly speaking in the "look for selling opportunities" zone.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

14 April 2007

Emini Weekly Update: Commitment of Traders – 14 Apr 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +2.6%

Professionals are now net long and their net long positions make up 2.6% of total open interest in all stock index futures. This is an increase of 0.5% from last week. The Commitment of Traders data has been shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 5 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +39

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator continues to rise into positive territory as the Emini approaches recent highs. Any reading above zero is strictly speaking in the "look for selling opportunities" zone.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

7 April 2007

Emini Weekly Update: Commitment of Traders – 7 Apr 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +2.1%

Professionals are now net long and their net long positions make up 2.1% of total open interest in all stock index futures. This is a decrease of 0.4% from last week. The Commitment of Traders data has beens shown to be extremely accurate in judging the strength of this last rally with the reading turning positive 4 weeks ago.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +13

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator has just crossed above the zero line into the "look for selling opportunities" zone. This confirms the low turning point during the week ending 16 March 2007 and a cyan (light blue) dot has now been placed on this turning point.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

31 March 2007

Emini Weekly Update: Commitment of Traders – 31 Mar 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +2.5%

Professionals are now net long and their net long positions make up 2.5% of total open interest in all stock index futures. This is a decrease of 0.8% from last week. Historically, this is a very bullish level for Commitment of Traders data but check out the oscillator below for timing market entry. This week's chart has been posted after Monday's close and therefore shows an extra data point – just ignore this last bar.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is -17

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator is about to cross the zero line into the "look for selling opportunities" zone. Again, this week's chart has been posted after Monday's close and therefore shows an extra data point. This extra data point shows that the oscillator will most likely cross over the zero line this week and confirm the low turning point during the week ending 16 March 2007.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

17 March 2007

Emini Weekly Update: Commitment of Traders – 17 Mar 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is +1.1%

Professionals are now net long and their net long positions make up 1.1% of total open interest in all stock index futures. This is an increase of 2.7% from last week. Historically, this is a very bullish level for Commitment of Traders data but check out the oscillator below for timing market entry.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is -105

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator is now below zero and in the "look for buying opportunities" zone. However, the oscillator was below last week's reading and has not turned up yet. A small change was made to the COT Oscillator calculation this week but this has not changed turning points or signals.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.

10 March 2007

Emini Weekly Update: Commitment of Traders – 10 Mar 2007

Here are the latest Commitment of Traders charts for Emini traders:

Emini Commitment of Traders Image

This week's Commitment of Traders reading is -1.6%

Professional net short positions now make up 1.6% of total open interest in all stock index futures. This is a drop of 4.8% from last week, as professionals bought back short positions after last week's fall. Historically, this is a very bullish level for commitment of traders data but check out the oscillator below for timing market entry.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is -48

Cyan (light blue) dot = Low turning point; Red dot = High turning point

The oscillator is now below zero and in the "look for buying opportunities" zone. However, the oscillator was below last week's reading and has not turned up yet. There might still be some weakness in the Emini this coming week and a test of the 1,383 low.

Remember, the Commitment of Traders data is collected weekly after the close on Tuesday and the Commitment of Traders Report is published after the close on Friday.