This week's COT
report shows a divergent behaviour of commercials positioning between Futures
and Options. Futures
NetShort % Positioning up, Options down!!! I marked recent behaviour similar to the current (Options down 2%+) and clearly visible from Stochastic
this behaviour occurs at turning points! At oversold Positions (this year April
) an upward movement should be expected and at overbought conditions a significant correction should be expected. On Trump losing election the recent panic buying should unwind. Waiting on election results... But from Chart & COT
positioning a clear short.
And watch for DXY
weighted RW1! / TLT
. What belongs together will come together.