1. COT at extremes: Commercials (insiders) hold their largest net short position since 2004.
2. Correction from last peak of 1303 is in 3 waves...
3. Last move from 1287 is in 3 waves...
This structure could be complete at 1315 with a "double top"
2. Correction from last peak of 1303 is in 3 waves...
3. Last move from 1287 is in 3 waves...
This structure could be complete at 1315 with a "double top"