COT: High small, retail investor participation is often contrarian indicator as shown on COT. We have very high small investor participation on NQ & DOW. <img src=http://www.softwarenorth.net/cot/current/charts/NQ.png> <img src=http://www.softwarenorth.net/cot/current/charts/SP.png> <img src=http://www.softwarenorth.net/cot/current/charts/ES.png> <img src=http://www.softwarenorth.net/cot/current/charts/DJ.png>