Platinum

This week I got a bullish signal for Platinum based on the total number of new long contracts opened(1,879) vs total number of old short contracts closed(8,152) in the last 2 weeks.Besides I got a Pearson correlation coefficient(PCC) = - 0.82  for this commodity for the last 3 weeks.This means a strong divergence between bullish(rising) vs bearish(falling) sentiment in the last 3 weeks.Therefore I expect price of Platinum to rally in the next days/weeks.Spot price of Platinum on 3 June was 981.90.Check out my strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts vs http://cotreportfreeswingcharts.my-free.website/