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COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Jamie Saettele, CMT, Sr. Technical Strategist
  • Largest long CAD position (specs) since June
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The COT Index is the difference between net speculative positioning and net commercial positioning measured. A blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Non-commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Latest CFTC Release dated February 21, 2017

Week (Data for Tuesdays)

52 week Percentile

US Dollar

67

Euro

75

British Pound

51

Australian Dollar

75

Japanese Yen

20

Canadian Dollar

96

Swiss Franc

37

Mexican Peso

43

Gold

18

Silver

92

Copper

75

Crude

100

Charts (all charts are continuous contract)

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – Black

COTDiff (COT Index) – Black

Volume-Red

US Dollar ICEUS Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Euro CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

British Pound CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Australian Dollar CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Japanese Yen CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Canadian Dollar CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Swiss Franc CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Mexican Peso CME Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Gold COMEX Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Silver COMEX Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Copper COMEX Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

Crude Oil NYMEX Continuous Contract

COT-Crude Oil Extreme Ownership Profile in 9 of Last 11 Weeks

Chart prepared by Jamie Saettele, CMT

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail jsaettele@dailyfx.com.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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