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

Nasdaq analysis
stock market  analysis
stock market news
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 position

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

Leave a comment