Tuesday, March 01, 2005 11:26:19 PM
Hi CD, sounds good... I have a couple of sources that I have been using for COT data and I am not sure if it is conflcting data or if I am just interpreting them incorrectly. Here are a couple of Gold COT charts that I am comparing to what you posted...
In this graph it looks like Commersials were heavily bearish and now moving bullish...
In this chart it looks just the opposite of the above graph...
blue = commercial traders / green = large traders / red = small traders
This chart seems to verify the first graph, but slightly more bullish...
Am I interpreting these correctly or could the middle chart be construed as contrarian? TIA
In this graph it looks like Commersials were heavily bearish and now moving bullish...
In this chart it looks just the opposite of the above graph...
blue = commercial traders / green = large traders / red = small traders
This chart seems to verify the first graph, but slightly more bullish...
Am I interpreting these correctly or could the middle chart be construed as contrarian? TIA
**Happy Trading**
Your Economy #board- 1948
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