A few weeks back we published the Bitcoin chart and highlighted how in the history of Bitcoin Futures, whenever Large Speculators were net-long, Bitcoin did not rally. Well, here we are and still it trades in a range as Large Speculators are net-long. The amount in positioning has fluctuated but as of Last week, they remain bullish. Historically, Large...
There has been a lot of talk of tariffs which added extra volatility to the markets but eventually the stock market shrugged off the news and is back on it's up trend. Coffee seems to be where Large Speculators (blue column) are focusing their longs as they are now at max levels we have not seen before with coffee at new highs. This now skews the reward of the...
As Trump announced tariffs on Canada and Mexico, which was bullish the USD, the CAD closed the day green as Commercial traders are net-long while Speculators are increasing their short position. Will fading this crowded trade (not max crowded yet) end up being one of the better trades during the first quarter of 2025? This is also not the only currency set up that...