stock markets technical analysis
Friends the short market alert in the last post proved itself:
What next?
As I wrote in the previous post
In terms of chance risk then it can be seen that yesterday in the strong declines in the markets, we reached a critical strip located in the 10600 area
In my opinion, a daily closing below the 10300 area would be a bad sign for the market
On the other hand, support for the area of the Strip can give those looking for a market entry point to a long position with an unlinked stop on a non-spot daily basis.
For those who want to be a sure daily entry on a closing basis over area 11420 + _ will be a positive indication for the future
stock market analysis |
stock market technical analysis |
Traders Commitment Report
Some insights and explanations about the position report: what it is about, how it is felt, what it means, and what it means to understand
Attached is the report from last week’s closure – this is published on the closure that was last Wednesday!
The Traders Commitment Report is a statement of the long and short net positions were taken by both speculative and commercial traders. This is a great resource that allows you to see how the major players in the market are positioned in the market
The COT report is actually a report on future positions taken by institutional players: commercial traders (companies and banks that protect themselves from negative currency fluctuations or assets) and non-commercial traders speculators who are just looking to make profits, such as fund managers, financial institutions, And private traders
The report is useful for long-term traders as it helps to identify long or short net positions, and when one sees such extreme positions, it usually means a reversal in the market just around the corner – because if everyone is long, who is left to buy? And if everyone is short who is left to sell?
Traders Commitment Report |
Note that the increase in the number of shorts was made in the column of non-commercial traders
The total number of shorts is the highest seen on the market for many years – but this is not really the record for shorts seen on the market!
Days will tell who will be justified?
This review does not include any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice