All donations go towards web site maintenance for all of Technical Watch,
keep it free of charge, and may be tax deductable as an investment expense.


PayPal Verified
Join our market chat sessions every Tuesday and Thursday at 4:00 pm Pacific time!
More information on subscriber services can be found at
http://www.technicalwatch.com/subs.htm




Support Technical Watch!
Buy from our Book Store!
Register Calendar Latest Topics
 
 
 


Reply
  Author   Comment  
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #1 


0
relax

TW Patron
Registered:
Posts: 38
Reply with quote  #2 
Could you post some brief comments about the four COT charts and what they could be implying

have never worked with the COT report

thanks!
0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #3 
The COT behavior has changed somewhat. With so many instruments available, the COT is probably best used as a background or context instrument. The commercials use the futures contracts to hedge. It does not appear that they are buying long futures positions, but with the OI% short indicates they are increasingly shorting the futures, which would mean they are buying equities. That could have IT bullish implications, but rely on technicals and sentiment.


0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #4 


0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #5 


0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #6 
Weekly of the SSEC in log and linear for different perspectives:



0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #7 


0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #8 


0
jmicou

TW Patron +
Registered:
Posts: 948
Reply with quote  #9 
Will the market give up the fed rally? False breakouts?

0
relax

TW Patron
Registered:
Posts: 38
Reply with quote  #10 
fed's flooding the market with money, just as all other central banks




Kind of surprised that this is happening before obama takes office

maybe they are just testing

after all, would it not be easier for obama to create the perception of a strong economy by way of a rising stock market with all the indices being much lower than current levels

NYAD cumulative and NYMO show possible negative divergences, indicating a top

However with NYSI breaking out, it looks like a divergences will not give much downside

what bothers me is the lack of structure in nyad cumulative - sure the upward structure has "texture" as fib would say, but would certainly expect more months - maybe 3-6 months - before a solid foundation was there

right now it seems like everything could break down any day

have a rise on the back of such a poor foundation may create some great short term results, whereas the long term results could be very disappointing

don't fight the central banks - seems as if they don't need any foundation or structure, they have decided that things need to stabilize now, but what are the long term consequences of these short term decisions - i am not able to answer that

I would certainly not be going long right here, even though the targets out there range from 930-1050

the stops for potential longs are quite clear - 850, 885 and 900

just some random thoughts ;-)











rised t

0
bobalou

TW Member
Registered:
Posts: 995
Reply with quote  #11 
Could you post some brief comments about the four COT charts and what they could be implying

have never worked with the COT report

I never could see what the cot said..all so..your view is needed.
.
as a side note; the hedge  unwind, might put the charts off  (w/ the vol. )

thanks!
0
Previous Topic | Next Topic
Print
Reply

Quick Navigation:

Easily create a Forum Website with Website Toolbox.






Copyright 2000-2017 Technical Watch