CoT Update
The CFTC has not updated the CoT report the past three weeks due to the partial shutdown of the federal government. The publication will resume as government operations return to normal. Thanks for understanding!
TLT Overbought Near Term – Path Of Least Resistance Down
The 10-year T-yield dropped from 3.24 percent a month ago to last Thursday’s intraday low of 2.83 percent. The daily chart is grossly oversold. A rally looks imminent near term, meaning TLT is headed lower. US average hourly earnings for … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of November 6, 2018. 10-year note: Currently net short 539.2k, up 36.3k. In January, the 10-year Treasury rate broke out of 2.62 percent. Then in September, it took out 2.95 percent, followed by … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 30, 2018. 10-year note: Currently net short 502.8k, down 41.2k. The 10-year Treasury rate continues to trade in a no-man’s land. Sort of. On October 5, it began retreating after touching … Continued
VIX And S&P 500 Diverge – Non-Commercials Actively Cover Net Shorts In VIX Futures
VIX continues to struggle to take out its high from 13 sessions ago, even as major equity indices dropped to fresh lows yesterday. Non-commercials in the meantime are actively covering their net shorts. At least near term, there is room … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 23, 2018. 10-year note: Currently net short 544k, down 71.9k. The 10-year Treasury rate (3.08 percent) shed 12 basis points this week – now down 17 basis points from the intraday … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 16, 2018. 10-year note: Currently net short 616k, down 6.5k. Three weeks ago, non-commercials were net short 756,316 contracts in 10-year Treasury note futures – a record. They have since reduced … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 9, 2018. 10-year note: Currently net short 622.4k, down 117.8k. Back in July 2016, the 10-year Treasury rate (3.14 percent) bottomed at 1.34 percent. Since then, it has made higher lows. … Continued
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of October 2, 2018. 10-year note: Currently net short 740.2k, down 16.1k. Kudos to non-commercials for having doggedly remained bearish on 10-year Treasury notes. They reaped a bumper crop this week. In September … Continued
IWM Breaks Down, Daily Way Oversold – Likely Caught In Wide Range N/T
IWM is breaking down, losing one after another support. Amidst this, the daily is grossly oversold. A bounce can happen – or not. This perhaps creates an opportunity for a non-directional trade involving options. Small-caps are taking it on the … Continued