COT Largest Position Change for Copper...Ever


(MENAFN- DailyFX) Largest GBP short position for trend followers since August 2013 Largest net long position for JPY specs since March 2008 Largest net change for copper ever

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The COT Index is the difference between net speculative positioning and net commercial positioning measured. A 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 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. 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.

Latest CFTC Release dated March 8th 2015:

Week (Data for Tuesdays)

52 week Percentile

US Dollar

0

Euro

86

British Pound

0

Australian Dollar

100

Japanese Yen

100

Canadian Dollar

78

Swiss Franc

47

Mexican Peso

35

Gold

100

Silver

96

Copper

92

Crude

51

Charts (all charts are continuous contract)

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – Black

COTDiff (COT Index) – Black

US Dollar ICEUS Continuous Contract

Chart prepared by Jamie Saettele CMT

Euro CME Continuous Contract

Chart prepared by Jamie Saettele CMT

British Pound CME Continuous Contract

Chart prepared by Jamie Saettele CMT

Australian DollarCME Continuous Contract

Chart prepared by Jamie Saettele CMT

Japanese YenCME Continuous Contract

Chart prepared by Jamie Saettele CMT

Canadian DollarCME Continuous Contract

Chart prepared by Jamie Saettele CMT

Swiss Franc CME Continuous Contract

Chart prepared by Jamie Saettele CMT

Mexican Peso CME Continuous Contract

Chart prepared by Jamie Saettele CMT

Gold COMEX Continuous Contract

Chart prepared by Jamie Saettele CMT

Silver COMEX Continuous Contract

Chart prepared by Jamie Saettele CMT

Copper COMEX Continuous Contract

Chart prepared by Jamie Saettele CMT

Crude Oil NYMEX Continuous Contract

Chart prepared by Jamie Saettele CMT

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

To contact Jamie e-mail . Follow me on Twitter for real time updates JamieSaettele

Jamie is the author of Sentiment in the Forex Market and co-founder of SB Trade Desk.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM.


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