Here we are. COT Report from last Tuesday just came out and as I got inspired by chartwatcher's Blees data on gold, I wrote a little script...
Histogram: Blees Index (78 weeks)
black line: COT Index (156 weeks)
purple line: % Net Short
All for commercials.
Really striking: Gold and JPY sentiment changed significantly, DXY starting to change. Data are from last Tuesday, so also DXY COT/Blees Indices will rise till next week. 25 week Williams %R indicates that we have a direction change.
Histogram: Blees Index (78 weeks)
black line: COT Index (156 weeks)
purple line: % Net Short
All for commercials.
Really striking: Gold and JPY sentiment changed significantly, DXY starting to change. Data are from last Tuesday, so also DXY COT/Blees Indices will rise till next week. 25 week Williams %R indicates that we have a direction change.
