Smart Money Positioned to LONG Crude Oil - COT Strategy

9월 7일

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
Crude Oil (CL)

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

COT Commercial Index: Buy Signal

OI Analysis: Generally last few weeks OI has drifted lower while CM's adding to longs - bullish. CM's approaching extreme long positioning, but not quite there yet.

True Seasonal: True seasonal to go up until mid October - bullish.

COT Small Spec Index: Buy Signal

Front Month Premium - Bullish

Supplementary Indicators: %R & Stochastic

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.