story ends in the market part 2 or its the time to ..
stock markets technical analysis
Friends the short market alert in the last post proved
itself:
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
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?
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