Dunstan

Hi everyone, The latest Commitments of Traders review is out. USD Index COT Change (52W) / C – 47%, LS – 47% / FTG Score / D 36.8, W -10.5, M 20.7 / We are witnessing truly large changes in Traders position (bearish cot signal), but caution is advised for two reasons: The bullish cot extreme that lead us to this rally has still not decreased too much, FuturesTradingGuides scores indicate further positive signs in the market… Platinum COT Extreme / C – 606 report, LS – All Time COT extreme / FTG Score / D -34.9, W -44.9, M -33.3 / Platinum cot report is showing us a very bullish picture… The fact the Large Speculators are net short is “scary”, haven’t happened too many times in the past. FTG scores are still bearish which means patience could be needed / further decline in the short-medium term is likely. Soybean Oil COT Extreme / C,LS – 227 report COT extreme / FTG Score / D -64.3, W -19.2, M -15.7 / Similarly to Platinum, we have a significant bullish cot signal, but here the FTG system is indicating (especially in the short term – daily) a very bearish picture… I’d wait for FTG score values to at least settle down before I take any action. All the best, Dunstan COT Charts FOREX Trading Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Sugar COT Change (52W) / C – 27%, LS – 23%, SS – 21% / FTG Score / D -42.4, W -48.9, M -3.5 / Large bearish cot change signal combined with FTG scores that signal weakness in the market --> I am expecting a bit of pullback in prices. On the other hand we should not forget about the bullish cot extreme that triggered this rally and the fact that we are pretty far away from bearish extremes. RBOB Gasoline COT Extreme / C, LS – All Time COT extreme / FTG Score / D 29.1, W 18.6, M -13.4 / The All time bearish cot extreme in Gasoline suggest prices have reached their top, we should be seeing lower prices coming. Swiss Franc COT Extreme / LS – 564 report COT extreme / FTG Score / D -39.6, W 5.1, M -5.9 / The increase that we have witnessed suggests that the bullish cot extreme we have in the market may very well be successful. All the best, Dunstan COT Charts FOREX Trading Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Mexican Peso COT Change (52W) / C – 28%, LS – 27%, SS – 31% / FTG Score / D -29.6, W -18, M -46.1 / Huge change in Traders positions (bullish cot signal) and the stresses in the market are also becoming more and more bullish. Because of the FTG scores I’d be neglecting this market for now. Swiss Franc COT Extreme / C – 567, LS – 563 report, SS – All Time COT extreme / FTG Score / D -38.6, W 10.2, M -14 / The extreme became even greater than last week, but the price was unable to continue its decline. Maybe the downtrend is over? I’d be betting on that more… Since we have still a negative FTG score (daily), I may wait until it becomes positive. Australian Dollar COT Extreme / C - 119, LS – 118, SS - 120 report COT extreme / FTG Score / D -22.3, W -12.2, M -33.1 / Maybe not as large extreme as for CHF, but still big enough to consider taking a position on the LONG side. Same as in case of MXP and CHF, it would be nice to see supporting FTG scores. All the best, Dunstan COT Charts FOREX Trading Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Orange Juice COT Change (52W) / C – 29%, LS – 26%, SS – 30% / Nice signal from the change in Traders positions, but I don’t see a big extreme yet. Swiss Franc COT Extreme / C – 566, LS – 307 report, SS – All Time COT extreme / Huge bullish cot extreme in Swiss Franc! In the past the market reacted well to these tense situations, so I’m expecting this to repeat again. I’ve just subscribed to FX Trading Guides and now I can see that I should wait a bit before entering the market. Attached you can see the daily-weekly and monthly FTG scores that measure strength/weakness in the market. I gathered all major currencies with CHF. Wheat COT Extreme / C - 41, LS – 207 report COT extreme / Very large bearish extreme here suggesting further declines to come. All the best, Dunstan COT Charts FOREX Trading Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Orange Juice COT Change (52W) / C – 28%, LS – 22%, SS – 22% / The large change in Traders positions suggest that prices may fall back a little, but analyzing the stress level in the market I can except further increases in the next weeks, months ahead. S&P-500 COT Extreme / LS – All Time COT extreme / The most bearish of all indexes is the S&P-500. The all time cot extreme makes this clear. I’d be careful though, since the picture seems to be very bullish in Nasdaq and the Dow. Soybean Meal COT Extreme / C, LS – All Time COT extreme / Soybean markets in my experience tend to react very well to cot extreme signals (just take a brief look at some historical examples…), so the fact that we have all time bearish cot extreme in Commercial’s AND Large Speculators positions makes me excited. All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Rough Rice COT Change (52W) / C – 21%, LS – 14%, SS – 31% / Bearish COT change signal combined with an extreme bearish cot extreme. Eyes on rough Rice. Coffee COT Extreme / C, LS – All Time COT extreme / All time bullish cot extreme in Coffee! Let the chart speak for itself Euro COT Extreme / LS – All Time COT extreme / LS at a bearish cot extreme (all time) suggesting prices should turn downwards. All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Rough Rice COT Change (52W) / C – 15%, LS – 10%, SS – 22% / Although we have this bearish cot change signal, I’d stay away from any short trade. Volume and OI analysis is supporting further rallies in the market and the extreme isn’t that significant either. S&P-500 COT Extreme / LS – All Time COT extreme / Interesting to see such a bearish extreme in S&P, when we have nothing similar in Nasdaq and the Dow… tricky situation that’s for sure. Nevertheless if someone is considering shorting here, they may be happy with the fact that the cot report is backing the trade. British Pound COT Extreme / C - 194, LS – 196 report COT extreme / As prices gone higher, the bearish cot extreme has also become larger – no surprise here. All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Gold COT Change (52W) / C – 19%, LS – 19% / Bullish cot change signal possibly pushing prices higher the next few days, but no extreme. Silver COT Extreme / C, LS – All Time COT extreme / Further increase in the cot extreme here. Great example that all time extremes could be with us for pretty long time before the market reacts. FuturesTradingGuides is indicating a -51.79 FTG score on a short time frame and a -56.99 FTG score for medium term so actually even though we have this huge bullish extreme, I’m waiting… British Pound COT Extreme / C - 193, LS – 194 report COT extreme / Huge Bearish cot extreme in GBP suggesting an end to this rally we have been witnessing since the beginning of 2017. All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Soybeans COT Change (52W) / C – 22%, LS – 19%, SS – 5% / COT Extreme / C - 53, LS – 52 report COT extreme / The rally continued, the extreme became larger, but it is questionable whether or not it is large enough to make any changes to the rally. The cot change signal suggest a pullback in this rally. Soybean Meal COT Extreme / C, LS – All Time COT extreme / The extreme became even greater… Eyes on this market Silver COT Extreme / C - 133, LS – 778 report COT extreme / Huge bullish cot extreme in Silver suggesting higher prices to come! All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Soybeans COT Change (52W) / C – 22%, LS – 21%, SS – 12% / The cot change signal is clearly bearish (maybe influencing the market early this week), but the extreme is not that obvious. Large Speculators were at these levels roughly a year ago, but other than that, the bullish cot extreme from 5 weeks ago is still acting. So my assumption is this: we may see a bit of a decline, but it should not be long lived and thus we could easily see the continuation of the rally. Soybean Meal COT Extreme / C, LS – All Time COT extreme / Unquestionable bearish cot extreme --> be prepared for lower prices to come. Dow Jones-30 COT Extreme / C, LS – 91 report COT extreme / Interesting to get to a bullish extreme so fast (under a month), but looking at the price action, our surprise should be washed away:) All the best, Dunstan COT Charts Futures Trading

Hi everyone, The latest Commitments of Traders review is out. Dow Jones-30 COT Change (52W) / C – 57%, LS – 42%, SS – 34% / Huge bullish cot change signal, but we should not be surprised, since there has been a very large drop in prices. The signal suggests higher prices early this week. Crude Oil COT Extreme / LS – All Time COT extreme / Last week’s decline may have confirmed the top we have been waiting for since we have had this all time cot extreme in the market. Cocoa COT Extreme / C – 65, LS – 64 report COT extreme / Not much here… I’d say that the last major bullish cot extreme is still in place: I’m expecting higher prices to come. You may want to check out the following cool video about FuturesTradingGuides.com, the service I have mentioned not long ago. They have enhanced their results page and you can now see the system’s performance on a longer time horizon! All the best, Dunstan COT Charts

Hi everyone, Sorry for being out for so long, have been struggling with a virus... getting better:) I just wanted to let you know that I have been monitoring this new service that COTbase has built, it is called Futures Trading Guides. Check out the results, really impressive! I have been testing it in my own trading and to tell you the truth, I am pretty satisfied with what I see! You can see the system here: All the best, Dunstan

Hi everyone, The latest Commitments of Traders review is out. Natural Gas COT Change (52W) / C – 28%, LS – 30%, SS – 12% / Due to the bearish cot change signal we could see a bit of a decline in the market, but the fact that the last cot extreme signal was bullish and effective, we should be prepared for further rallies in Natural Gas. Crude Oil COT Extreme / C, LS – All Time COT extreme / All Time bearish cot extreme, but (!) caution is advised as stated in the cot review -> these extremes can stay for a few weeks or even months before the market trend starts to shift. British Pound COT Extreme / LS – 174 report COT extreme / Not an all time extreme, but significant enough to be careful. The cot report is signaling an end to the rally in GBP. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. S&P-500 COT Change (52W) / C – 35%, LS – 53%, SS – 10% / One word: Crazy… Euro COT Extreme / C, LS – All Time COT extreme / As the market moved further up, the extreme has become even greater… The question is not IF it is going to burst, but WHEN? Heating Oil COT Extreme / LS – All Time COT extreme / Not much changed from last week. Prices could not gain too much, but the extreme became larger. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. S&P-500 COT Change (52W) / C – 26%, LS – 28%, SS – 15% / Not only do we have a bearish cot change signal in the market, but we have the extreme risen to pretty large levels again. The cot report is definitely backing the notion that we are in a bubble Euro COT Extreme / C, LS – All Time COT extreme / We have never seen Large Speculators being so bullish about Euro in the past, so we can assume that it is likely we will see an end to rally in Euro soon… Heating Oil COT Extreme / C, LS – All Time COT extreme / The picture is pretty clear here as well… (ohh I just love these all-time cot extreme signals…) We should start positioning ourselves for a more bearish market to come All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. Australian Dollar COT Change (52W) / C – 45%, LS – 59%, SS – 12% / Both of our major cot signals are showing positive signs for the market: we have had a major change in Traders positions and with it we have reached a considerable bullish stress level. I would say that the chances are high for further increase. Coffee COT Extreme / C, LS – All Time COT extreme / The picture speaks for itself! Beautiful bullish extreme close to support levels. 30-Year Bond COT Extreme / LS – 679 report COT extreme / Interesting to see such a large bearish extreme when prices are not actually that high… I wouldn’t be betting large on further declines, but who knows. I would rather look for other opportunities that are more obvious (like coffee for example). All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. S&P-500 COT Change (52W) / C – 33%, LS – 25%, SS – 39% / Bearish cot change signal and bearish extreme, but I’d pass… Indexes are simply too risky to short now I believe… Curde Oil COT Extreme / C, LS – All Time COT extreme / The all time cot extreme in CL has risen to even greater levels, but price has not yet fallen too deep. S&P-400 COT Extreme / C – All Time COT extreme / All Time cot extreme in Commercials, supporting S&P-500 bearish bias... All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. Soybean Meal COT Change (52W) / C – 16%, LS – 17% / Bearish cot change signal and bearish extreme situation close to good resistance levels. Curde Oil COT Extreme / C, LS – All Time COT extreme / The all-time cot extreme has widened further, so my remark on caution was valid last time. Swiss Franc COT Extreme / LS - 284 report COT extreme / Further increase in the extreme, although price is headed higher. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. Swiss Frank COT Change (52W) / C – 27%, LS – 28%, SS – 15% / COT Index (3yr) / C - 83%, LS – 15%, SS – 22% / Last week I said: “Both of our major signals are pointing upwards. Maybe the extreme could be even larger --> that would be a more comfortable situation.” Well that is what happened, we have now reached an even greater extreme! Things are becoming pretty supporting for CHF. 5-Year Note COT Extreme / C, LS – All Time COT extreme / Beautiful! There is nothing better, when we have a bullish all time cot extreme signal at deep low prices! 10-Year Note COT Extreme / SS – 606 report COT extreme / The picture is not as bullish as it is for 5-year note, but small specs are pretty pessimistic about the market and that is definitely a good sign for higher prices. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. Swiss Frank COT Change (52W) / C – 17%, LS – 21% / Both of our major signals are pointing upwards. Maybe the extreme could be even larger --> that would be a more comfortable situation. Coffee COT Extreme / LS – All Time COT extreme / The picture is crystal clear, we have a huge stress in coffee and we can expect it to erupt soon! Feeder Cattle COT Extreme / C – All Time COT extreme / Commercials have never been as short (net) as they are now --> huge bearish cot signal, but caution is advised, I would not be surprised if prices would continue to rise a little bit more. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. 5-Year Note COT Change (52W) / C – 35%, LS – 36%, SS – 23% / COT Extreme / C, LS – All Time COT extreme / Possibly the BEST combination we can wish for! Not only do we have huge sudden changes in Traders positions (bullish cot signal), but this is happening, when we have stress levels in the market that we have never witnessed in the past! Beautiful bullish picture! Lean Hogs COT Extreme / SS – All Time COT extreme / Interesting to see on Small Speculators signaling a direction! Of course this is just a good example for us to know: maybe they are “small”, but they definitely count! Have a look at that happened back in the end of 2013 (see attached chart). We had a pretty much similar situation as now. If it is not clear: we have a bullish signal from the report. Canadian Dollar COT Index (3yr) / C – 1%, LS – 99%, SS – 94% / Not much change from last week, further weakness on the horizon. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. S&P-400 COT Change (52W) / C – 15%, LS – 7%, SS – 21% / Bearish cot change signal (not really strong, I’d put it aside) and a still bearish extreme. Conclusion would be to go short, but we are talking about an index and you can see how indexes reacted to bearish extremes in the past… Euro COT Extreme / LS – 335 report COT extreme / Significant bearish extreme is still present in the market --> we can expect further decline in the market. Canadian Dollar COT Extreme / C - 246, LS – 257 report COT extreme / Interesting, but the bearish extreme in the Canadian Dollar does not seem to weaken even though prices have started falling. In my view this support further weakness in the market. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. 30-Year Bond COT Change (52W) / C – 27%, LS – 27%, SS – 16% / Large bullish cot change signal, plus a bit more bullish extreme. My bet is upwards:) Canadian Dollar COT Extreme / C - 245, LS – 256 report COT extreme / The bearish extreme that has turned the price down in the CAD has widened further which in my opinion support even lower prices. British Pound COT Extreme / C - 165, LS – 159 report COT extreme / Pretty much the same picture as in CAD. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. S&P-400 COT Change (52W) / C – 33%, LS – 17%, SS – 37% / COT Index (5y) / C – 8%, LS – 85% / Both major cot signals are pointing downwards: the large change in traders positions at such price levels suggest a bit of a pullback early this week, but the bearish cot extreme also indicates that chances of a stable continuation of the rally is decreasing. Heating Oil COT Extreme / C, LS – All Time COT extreme / Get ready for a top… The picture can’t be any clearer:) Canadian Dollar COT Extreme / C - 244, LS – 254 report COT extreme / Here we have a bearish extreme plus 3 week decline already which proves that the signal can be considered effective. We could experience a rebound, but in the medium to long term time horizon, I’d be betting on lower prices. All the best, Dunstan COT Charts

Hi everyone, The latest Commitments of Traders review is out. Australian Dollar COT Extreme / C, LS – 231 report COT extreme / Pretty large bearish cot extreme signal is the Australian Dollar. Check out the chart, you can see I have indicated all the major bearish extremes in the past 5 years. It is hard to tell exactly when the turning point comes, but it is for sure that the stress level in this market has reached an extreme. USD Index COT Extreme / C, LS – 180 report COT extreme / Commercials are again LONG!! We haven’t seen this for a long time now… Check the chart and see what happened to the USD Index after Commercials became net long. British Pound COT Change (52W) / C – 33%, LS – 37%, SS – 10% / COT Extreme / C - 99, LS – 97 report COT extreme / The bearish extreme here is not as strong as it is in AUD, but it should still be taken into consideration. What we have here compared the previous two markets is an unquestionable cot change signal (bearish) --> Traders have changed their positions pretty dynamically. All the best, Dunstan COT Charts