COT 01/07

Published January 7th, 2008 - 11:27 GMT
Al Bawaba
Al Bawaba

Signal: Bullish




AUD: The % of total commercial positions that are long measured through a 52 week percentile is at 77 and the % of total speculative positions that are long measured through a 52 week percentile is at 20. The 52 and 13 week COT indices are at 8 and 17. All indicators are turning from close to bearish extremes, so favor the upside.