Quick Commitment of Traders update video. Professionals are net Short 0.4% of total open interest. Apologies, in the video I say 0.7% for some strange reason. Duh.
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Commitment of Traders Update (7:19)
The Commitment of Traders Oscillator has also reached +140 and rolled over. Last week's reading was +145. This means we should see some weakness going forward.
Commitment of Traders (Emini weekly)
Both Tyler Durden at ZeroHedge and Karl Denninger at The Market Ticker posted the series of William K. Black interview videos online. That was great to see – I'm glad I'm in good (i.e. rebellious) company. Also managed to beat them to the post by a couple of hours. Ha ha.
Let's hope for a more interesting trading day on Tuesday and good luck with your Emini trading.