Tuesday 11 October 2011

COT of Oct 7th

Remarkable how many COT markets (principally but not entirely Commodities) are showing Commercials going long - out of 34 that I watch, 15 are at biggest Longs (or smallest Shorts) for the last 12 months - and there's another 3 that were in the same situation last week but didn't continue this time ... So Commercials are bullish on more than half the markets ....