How can the COT's be bullish, when the Kitco site says this
"Hedge funds and money managers added a hefty 13,931 contracts to
their net short position in the week to July 31, bringing it to
41,087 contracts, the biggest since records became publicly
available in 2006, data showed on Friday."
So how can the COT's be declining meaning less shorting when the
net short position is the largest since 2006?
How can the COT's be
Posted by victorh on 6th of Aug 2018 at 07:42 am
How can the COT's be bullish, when the Kitco site says this "Hedge funds and money managers added a hefty 13,931 contracts to their net short position in the week to July 31, bringing it to 41,087 contracts, the biggest since records became publicly available in 2006, data showed on Friday."
So how can the COT's be declining meaning less shorting when the net short position is the largest since 2006?
And open interest is bearish
Posted by torvix on 6th of Aug 2018 at 08:08 am
And open interest is bearish too.