Banks, Copper to Cash This Week; Natural Gas Flips to Bullish Oct. 29
Two signals take effect on next week's open of trading based on the latest trader positioning as revealed in Friday's weekly Commitments of Traders report:
- BKX U.S. Bank Index: Goes from bullish to cash.
- Copper: Goes from bearish to cash.
Also, natural gas, now bearish, goes bullish on the open of trading the week of Oct. 29.
Check my latest signals table for more details on positioning in these and the other markets I follow using the Commodity Future Trading Commission's free weekly COT data. Good luck this week.
- Copper: Goes from bearish to cash.
Also, natural gas, now bearish, goes bullish on the open of trading the week of Oct. 29.
Check my latest signals table for more details on positioning in these and the other markets I follow using the Commodity Future Trading Commission's free weekly COT data. Good luck this week.