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Tuesday, July 20, 2021 2:18:04 PM
By: Tom McClellan | July 18, 2021
• The COT Report data do not tell us at which price the various groups of traders entered their positions, just the raw numbers by group. The net position of the commercials used to be a good sentiment indication, going to extremes. Has not been working well since early 2020.
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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