Smart Money Positioned to LONG Copper - COT Strategy

9月7日

DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.

COT Strategy
LONG
Copper (HG)

My COT strategy has me on alert for long trades in HG if we get a confirmed bullish change of trend on the Daily timeframe.

COT Commercial Index: Buy

Sentiment: Advisors very bearish is actually...bullish.

OI Analysis: Multi week down move has seen OI decrease drastically while Commercials have added to longs = bullish.

Valuation: Undervalued vs Gold & Treasuries

Bullish Spread Divergence

Supplementary Indicators: Acc/Dist & %R

Remember, this is not a "Long Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the upside, which we will participate in with a confirmed Daily trend change to the upside.

Good luck & good trading.