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chartwatchers
Feb 16, 2016 9:18 PM

SILVER COT turned to extremely bearish last week Short

Silver/U.S. DollarFXCM

Description

The Commitment of Traders report (COT) was published at the close of last Friday's trade always shows the Tuesday data.
The formula for Blees rating uses the Commercial Traders net contract holdings at the date of the current COT report.
We inserted the Blees rating into the daily chart .


Today's COT data will be published on Friday. I think it's going to be around 5...
Time for a scary correction.
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