My latest bullish signal for wheat hrw was on 16 April 2016.Since then price of wheat srw went up 4.37 by %.This week I got a bearish signal for this commodity based on the total number of new short contracts opened(10,739) vs total number of old long contracts closed(11,104) for the last 2 weeks.In addition to this I also got a Pearson correlation coefficient(PCC) of -0.92 for the last 3 weeks and this means a strong negative correlation between bullish vs bearish sentiment for this period with the bearish investors in control of this commodity.Therefore I expect price of wheat hrw to drop in the upcoming days/weeks.Check performance of my trackrecord2016 and strategy2016 on my free websites:
Saturday, 30 April 2016
Copper
My latest bullish signal for copper was 16 April 2016.Since then price of copper rose by 6 %.This week I got a bearish signal for copper based on the total number of new short contracts opened(4,184) vs net number of old long contracts closed(9,914) for the last 2 weeks.Moreover for the last 3 weeks I got a Pearson correlation coefficient(PCC) of -0.76 which is a strong enough negative correlation between bearish sentiment vs bullish sentiment for this commodity.Therefore I expect price of copper to go down in the next days/weeks.Check performance of my trackrecord2016 and strategy on my free websites:
Orange juice
My latest bearish signal for orange juice was on 9 April 2016.Since then price of orange juice dropped by 7.49 %.This week I got a bullish signal for this commodity based on the number of new long contracts opened(1,049) vs number of old short contracts closed(156).Check performance of my trackrecord2016 and strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
Palladium
My latest bearish signal for palladium was one week ago(on 23 April 2016) with a Pearson correlation coefficient(PCC) of -0.86 for a 3 week period.This week the PCC dropped to -0.99 for a 3 week period again which means the bearish sentiment for palladium got much stronger than one week ago vs bullish sentiment for this commodity is now much weaker than last week.As time goes by bearish sentiment for palladium is getting stronger and stronger and bullish sentiment getting weaker and weaker.Check performance of my trackrecord2016 and strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/ and
http://futuresandoptions.wix.com/cotswingcharts
http://futuresandoptions.wix.com/cotswingcharts
Sunday, 24 April 2016
Wheat srw
One week ago I got a strong bullish signal for wheat srw.Since then price of this comodity went up by 2.75%.This week sentiment of commercial traders for wheat changed once again from bullish to bearish based on the number of new short contracts opened(22,954) vs number of new long contracts opened(3,373).This means new short contracts opened outnumbered new long contracts by almost 7 to 1 and this means a bearish sentiment for this commodity.As result I expect price of wheat to drop in the upcoming days/weeks.Check my trackrecord2016 file and strategy on my free websites: http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
Saturday, 23 April 2016
WTIC Crude Oil Price
My latest bearish price for crude oil registered on my trackrecord2016 file was on 5 March 2016.This week I got a new bearish signal for price of crude oil based on the number of new short contracts opened for WTIC SWAPS(6,933) vs new long contracts opened(33).This means new short contratcs outnumbered new long contracts by more than 210 to 1.This means a strong bearish sentiment for price of crude oil.Check my trackrecord2016 file and strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
http://cotreportfreeswingcharts.my-free.website/
http://cotreportfreeswingcharts.my-free.website/
Corn
My first bearish signal for corn registered on my trackrecord2016 file was on 19 March 2015.In the last 3 weeks we got a Pearson correlation coefficient of -0.88 based on the total number of new short contracts opened for corn(175,072) vs net number of new long contracts opened for this commodity(87,591).This means a very strong bearish sentiment for corn.Check my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website and http://futuresandoptions.wix.com/cotswingcharts
Palladium
My last bullish signal for palladium was one week ago.Since then price of palladium went up by 10.24%.This week I got a bearish signal for palladium based on the number of new short contracts opened(928) vs number of old long contracts closed(-337).For this reason I expect price of palladium to drop in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
http://cotreportfreeswingcharts.my-free.website/
http://cotreportfreeswingcharts.my-free.website/
Saturday, 16 April 2016
Wheat hrw
This week I got as many as 4,468 new long contracts opened for wheat hrw vs 5,502 old short contracts closed for this commodity.This is bullish and I expect price of wheat hrw to go up in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
Wheat hrs
This week I got a bullish signal for wheat hrs based on the number of new long contracts opened (1,330 ) vs number of old short contracts closed for it(567).I expect price of wheat hrs to rise in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
Wheat srw
My latest bearish signal for wheat srw was on 12 March 2016.Since then price of this commodity dropped by 3.52%.In the last 2 weeks we got a total number of new long contracts opened for this commodity(19,838) vs net number of old short contracts closed for it(8,832) and a Pearson correlation coefficient of -0.99 and this means a strong bullish signal for wheat srw.Check my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wixsite.com/cotswingcharts and
Cotton
My latest bullish forecast for cotton was on 31 January 2016.Since then price of cotton dropped by 2.25% and I was wrong on this forecast.In the last 2 weeks I got a bearish signal for cotton based on the total number of new short contracts opened for this commodity(22,902) vs net number of old long contracts closed for it(6,972).As result I expect price of cotton to drop in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
http://cotreportfreeswingcharts.my-free.website/Sugar
My latest bearish signal for sugar was on 12 March 2016.Since then price of sugar dropped by 0.66%.In the last 2 weeks we got a total number of new long contracts opened for this commodity(18,804) vs total number of old short contracts closed for it(32,643) and a Pearson correlation coefficient of -0.94 which means a strong bullish signal for this commodity.Therefore I expect price of sugar to rise in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
Copper
My latest bearish signal for copper was on 31 January 2016.Since then price of copper went up by 4.37% and this means I was wrong in my forecast for future price of this commodity.In the last 3 weeks I got a bullish signal based on the total number of new long contracts opened for copper(11,577) vs total number of old short contracts closed for it(13,418).As result I expect price of copper to rise in the upcoming days/weeks.Check my strategy and trackrecord2016 file on my free wbsites:
Saturday, 9 April 2016
Nikkei 225 index
In the last week we got as many as 9,785 new long contracts opened for The Tokyo Nikkei average and 1,232 old short contracts closed for this index.This is bullish and I expect quotes of The Nikkei 225 index to go up in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
Palladium
My latest bearish signal for the Palladium was on 5 March 2016.Since then palladium dropped by 1.5%.Now I got a bullish signal for this commodity based on the total number of new long contracts opened(938) vs total number of old short contracts closed(2,625) for the last 2 weeks.As a result I expect price of palladium to rise in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/
Orange juice
In the last 3 weeks we got a total number of 3,877 new short contracts opened for the orange juice and 1392 old long contracts closed for this commodity.This is bearish and I expect price of orange juice to keep dropping in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
Lumber
In the last 5 weeeks we got a net number of 1,619 new short contracts opened for lumber and a net number of 704 old long contracts closed for this commodity.This is bearish and therefore I expect price of lumber to keep falling.Check my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/ and http://futuresandoptions.wix.com/cotswingcharts
NZD/USD
In the last 3 weeks we got a total number of 2,967 new short contracts opened for the New Zealand Dollar and a net number of 111 old long contracts closed for this currency.This is bearish and I expect NZD/USD ratio to keep dropping in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
Saturday, 2 April 2016
Soybean meal
My last bearish signal for soybean meal was on 12 March 2016.At that time the Pearson correlation coefficient,for a 2 week time frame between long OI vs Short OI, was -1 which meant a bearish signal.This week and also based on a 2 week time frame,for the same variables,I still get a Pearson correlation coefficient of -1 and therefore the bearish signal keeps on for this commodity.Check my strategy to identify turning points and trends in securities on my free websites:
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