Saturday 16 December 2006

Commitment of Traders Update

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

Emini Commitment of Traders Image

This week's Commitment of Traders reading is -7.8%

Professionals unwinding short positions with net short positions making up 7.8% of total open interest in all stock index futures. This is down 2.2% from extreme net short position 4 weeks ago of 9.95%.

Emini Commitment of Traders Oscillator Image

This week's Commitment of Traders Oscillator reading is +36

The oscillator continues to turn down from the high of early October, when there was an extreme divergence between rising Emini prices and increasing short positions taken by professionals. Surprising that the Emini has not broken the rising trend line and turned down by now.

Click here for a full explanation of this Commitment of Traders analysis.

Emini trading articles filed under Commitment of Traders :