Saturday, November 04, 2017 9:42:37 PM
Summary:
Open Interest: Down ~221K contracts )Probably explains dip to 2.84 on DEC.
Commercials: Still short 892K contracts
Large Speculators: Still long 870k contracts
Banks: Still short 2.2 mil Contracts significant!
Big Money is still short. Some change, but sentiment is still significantly to the short side from a commercial/producer perspective.
DISCLAIMER: MY POSTS ARE STRICTLY MY OPINION, AND ANY OPINION
PROVIDED DOES NOT CONSTITUTE A BUY,SELL, OR HOLD RECOMMENDATION OR DECISION.
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