Commitment of Traders Charts – Sunday 13 May 2012 (16:41)
Latest Commitment of Traders data is out – and we continue to get Bearish divergence patterns. Plus the Crash Warning signal popped up. I do my best to explain in the video what I think is going on.
I present this more as a curiosity than fact. I rely less and less on the Commitment of Traders data – partly because it’s weekly and partly because figuring out whether the Professionals are hedging or trend following is only possible in retrospect.
Still, it’s another data point. The 1,340 level will be key this week. Let’s see if it holds.
Good luck with your Emini trading.