Sunday, January 23, 2011

Commitment of Traders (COT) Reports - 01/18/2011

This week's COT reports show a mixed signal for the S&P E-minis. The euro, however, seems undeniably stronger: non-commercials have switched from a considerable net short position to a  net long position. The same, albeit on a smaller scale, can be seen on the GBP report. This suggests more USD weakness is on the cards this week.

Click on images to enlarge:












 



Sunday, January 16, 2011

Commitment of Traders (COT) Reports - 01/13/2011

Two noteworthy COT charts this week:
  1. S&P 500 E Mini - For the first time since August is displaying net positive position for non-commercials, signaling that the S&P has a little more room to stretch upwards as it begins to flirt with a major resistance level of 1300
  2. USDX - Sharp increase in net positive positions for non-commercials indicate the dollar will have the upper hand in the coming days, at least against the Euro
Click on the images below to enlarge.

PS - The data in the chart is as of 1/11/2011 (latest COT data) and not 1/13/2011