12 January 2008

Emini and Commitment of Traders Analysis

Here is the latest Emini and Commitment of Traders analysis.

Emini Commitment of Traders Analysis Image

Emini and Commitment of Traders Analysis: Professionals +4.4%

Professionals are long 4.4% of total open interest in all stock index futures, up 0.4% from last week.

Emini Commitment of Traders Oscillator Image

Emini and Commitment of Traders Analysis: Oscillator -34

The Commitment of Traders Oscillator is at -34, down from -16 last week. We're in "no man's land" here with no clear signal – oversold but not close to the -80 typical reversal level. The next week will be one of waiting and seeing.

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.