Crude COT Positioning Remains Just off of Record

  • USD positioning moderates slightly
  • British Pound COT positioning still extreme but specs sell on the week
  • Crude COT positioning just off of record

View COT data in MT4

Latest CFTC Release dated April 29, 2014:

Week (Data for Tuesdays)

52 week Percentile / Comment (if applicable)

US Dollar

18

Euro

61

British Pound

96

Australian Dollar

98

Japanese Yen

80

Canadian Dollar

65

Swiss Franc

84

Mexican Peso

82

Gold

82

Silver

55

Copper

51

Crude

88

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts (all charts are continuous contract)

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – Black

COTDiff (COT Index) – Black

US Dollar

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Euro

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

British Pound

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Australian Dollar

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Japanese Yen

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Swiss Franc

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Mexican Peso

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Gold

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Silver

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Copper

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

Crude

Crude COT Positioning Remains Just off of Record

Chart prepared by Jamie Saettele, CMT

--- Prepared by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail [email protected]. Follow me on Twitter for real time updates @JamieSaettele

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Jamie is the author of Sentiment in the Forex Market.


original source