This week’s Commitment of Traders data is out – and there’s a little problem. The Pros (or Commercials) are not so committed to this equity rally. They’ve not budged this week and are in fact a fraction down on last week. Hmm.
I’ve often said in this blog that over the years I’ve “lost the love” for Commitment of Traders analysis. But it’s still interesting data to follow. So stay tuned.
And here’s Martin Armstrong on panics driving currencies higher.
Good luck with your Emini trading next week.