My last bearish signal for coffee was 2 weeks ago on 14 May 2016.Since then price of coffee dropped by 6.92%.This week I got a bullish signal for coffee based on the number of new long contracts opened(2,114) vs number of old short contracts closed(8,751).This is bullish and for this reason I expect price of coffee to go up in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:
Saturday 28 May 2016
Soybean oil
My latest bearish signal for the soybean oil was on 19 March 2016.Since then price of the soybean oil dropped by 5.69 %.This week I got a bullish signal for this commodity based on the total number of new long contracts opened(41,941) vs net number of old short contracts closed(7,553) in the last 2 weeks.This means new long contracts opened outnumbered old short contracts closed by more than 5 to 1.This is bullish and as result I expect price of the soybean oil to rally in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts
MXN/USD
My last bearish signal for the MXN/USD ratio was on 5 March 2016.Since then price of MXN/USD fell by 3.9%.This week I got a bullish signal for this currency ratio based on the net number of new long contracts opened(34,650) vs net number of old short contracts closed(2,759) in the last 3 weeks.This means that new long contracts opened outnumbered old short contracts closed by almost 13 to 1.This is bullish and I expect MXN/USD to rise in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/ and
2-Year Treasury notes
My last bearish signal for the 2 year treasury notes was on 30 January 2016.Since then price of 2 year treasury notes fell by 0.25 %.This week I got a bullish signal for this treasury notes based on the total number of new long contracts opened(45,771) vs total number of old short contracts closed(36,551) in the last 2 weeks.This is bullish and I expect price of 2 year treasury notes to rise in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/
Live cattle
My latest bearish signal for the live cattle was on 9 January 2016.Since then price of live cattle fell by 3.15%.This week I got a bullish signal for this commodity based on the number of new long contracts opened(5,075) vs number of old short contracts closed(259).This means that new long contracts opened outnumbered new short contracts opened by almost 20 to 1.This is bullish and for this reason I expect price of live cattle to rise in the coming days/weeks.Check out 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/
Saturday 21 May 2016
Palladium
My latest bearish signal for palladium was on 23 April 2016.Since then price of palladium dropped by 7.26 %.This week I got a bullish signal for this commodity based on the total number of new long contracts opened (1,613) vs net number of old short contracts opened(87) in the last 2 weeks.This means new long contracts opened outnumbered new short contracts opened by almost 19 to 1 in a 2 week period.Moreover I got a Pearson correlation coefficient(PCC) = -0.98 for the last 3 weeks for this commodity.This means a very strong negative correlation which means bullish sentiment has been raising very fast and bearish sentiment has been dropping very fast in the last 3 weeks.Therefore I expect price of palladium to rally in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:
Cocoa
My last bearish signal for Cocoa was on 6 March 2016.Since then price of Cocoa dropped by 3.19 %.This week I got a bullish signal for Cocoa based on the total number of old short contracts closed(8,546) vs net number of new long contracts opened(2,062) in the last 2 weeks.Moreover I got a Pearson correlation coefficient(PCC) = -0.99 for this commodity in the last 3 weeks and this means a very fast rise in the bullish sentiment vs very fast drop in the bearish sentiment.As result of this I expect price of cocoa to rise in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:
CHF/USD
My latest bearish signal for CHF/USD was on 13 February 2016.Since then CHF/USD ratio dropped by 1.37 %.This week I got a bullish signal for the CHF/USD based on the total number of new long contracts opened(5,386) vs total number of new short contracts closed(4,386) in the last 2 weeks.Besides, I got a Pearson correlation coefficient(PCC) = - 0.96 for CHF/USD in the last 3 weeks and this means a very strong negative correlation between bearish vs bullish sentiment which means bearish sentiment has been dropping very fast and bullish sentiment has been on the rise very fast(turning point from bearish to bullish).Therefore I expect CHF/USD to go up in the next days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website and
Coffee
My last bearish signal for coffee was last week on 14 May 2016.Since then price of coffee dropped 4.15 by %.This week the number of new short contracts opened raised 41 % and old long contracts closed raised 538.5 % when compared with last week.Besides, in the last 3 weeks I got a Pearson correlation coefficient(PCC) = -0.99 and this means a very strong negative correlation between bearish vs bullish sentiment for this commodity and this means bearish sentiment has been raising very fast and bullish sentiment has been dropping very fast in the last 3 weeks(turning point from bullish to bearish).For what I said before I expect price of coffee to keep falling in the coming days/weeks.Check out my strategy and trackrecord2016
file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
Saturday 14 May 2016
Copper
My latest bearish signal for copper was on 30 April 2016.Since then price of copper dropped by 8.86%.This week I got a bullish signal for copper based on the total number of new long contracts opened(7,642) vs net number of old short contracts closed(4,535) in the last 2 weeks.I also got a Pearson correlation coefficient(PCC) = -0.7 for the last 3 weeks and this means a strong enough negative correlation which means that bearish sentiment has been falling quickly enough and bullish sentiment has been raising fast enough for this commodity.Therefore I expect price of copper to rally in the next days/weeks.Check my trackrecord2016 file and strategy on my free websites:
Orange juice
My last bullish signal for orange juice was on 30 April 2016.Since then price of orange juice went up by 13.16%.This week I got a bearish signal for this commodity based on the number of new short contracts opened(882) vs number of long contracts opened(134).This means new short contracts opened outnumbered new long contracts opened by more than 6 to 1.This is bearish and I expect price of orange juice to go down in the next days/weeks.Check my trackrecord2016 file and strategy on my free websites:
Sugar
My last bullish sugnal for sugar registered in my trackrecord2016 file was on 16 April 2016.Since then sugar went up by 11.60%.This week I got a bearish signal for sugar based on the total number of old long contracts closed(46,795) vs total number of new short contracts opened(22,098) in the last 3 weeks.Therefore I expect price of sugar to drop in the next days/weeks.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/
Coffee
My last bullish signal for coffee was last week.Since then price of coffee went up by 4.50%.This week I got a bearish signal for coffee based on the number of new short contracts opened(7,530) vs number of old long contracts closed(633).As result I expect price of coffee to fall in the upcoming days/weeks.Check my trackrecord2016 file and strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/ and
Nikkei 225 index
My last bullish signal registered in my trackrecord2016 file for Nikkei 225 index was on 9 April 2016.Since then Nikkei 225 index rose by 3.73%.This week I got a bearish signal for this index based on the number of new short contracts opened(2,049) vs number of old long contracts closed(3,208).Therefore I expect Nikkei 225 index to fall in the next days/weeks.Check my trackrecord2016 file and strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts and http://futuresandoptions.wix.com/cotswingcharts
Saturday 7 May 2016
Coffee
This week I got a bullish signal for coffee based on the total number of new long contracts opened(8,643) vs total number of old short contracts closed(7,347).In addition to this I got a PCC of -0.99 for this commodity for the last 3 weeks and this means there is a very strong negative correlation between bullish vs bearish sentiment with bullish investors in control of this commodity.As result I expect price of this commodity to rally in the next days/weeks.Check my strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/ and http://futuresandoptions.wix.com/cotswingcharts
lumber
My latest bearish signal for lumber was on 9 April 2016.This week I got a new bearish signal for this commodity based on the total number of new short contracts opened (219) vs net number of old long contracts closed(170) for the last 2 weeks.Moreover, for the last 3 weeks I got a PCC of -0.66 which shows a strong enough negative correlation between short OI vs long OI.Bearish sentiment is stronger than bullish sentiment for lumber and this is not good news for the real estate sector either.Take a quick glimpse at my strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
http://cotreportfreeswingcharts.my-free.website/
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