Hi
victorh - I still follow it and glance at it every
Friday, I just haven't been posting it because there's no extreme
numbers there telling me any useful information. Therefore I
haven't bothered to post it when lately it hasn't been telling me
anything. We already have so many charts in our newsletters that
when that COT data is not telling me anything, I don't add to
newsletters as that's one less chart,
what's been happening is that the trend has been stuck around
120 - 160K for weeks and weeks. I really only care about it
when it's at historical extremes well in the 200's or well below
100K.
Now is it possible that it's going to establish a new range? yes
that's something I monitor for as well but I don' have enough
data
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Hi victorh - I still follow
I notice for the last few months you guys no ...
Posted by matt on 20th of May 2019 at 09:29 am
Hi victorh - I still follow it and glance at it every Friday, I just haven't been posting it because there's no extreme numbers there telling me any useful information. Therefore I haven't bothered to post it when lately it hasn't been telling me anything. We already have so many charts in our newsletters that when that COT data is not telling me anything, I don't add to newsletters as that's one less chart,
what's been happening is that the trend has been stuck around 120 - 160K for weeks and weeks. I really only care about it when it's at historical extremes well in the 200's or well below 100K.
Now is it possible that it's going to establish a new range? yes that's something I monitor for as well but I don' have enough data