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To: JRI who wrote (34957)3/22/2002 4:33:28 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Just got back and notice not COT data is on the thread.

Looks to me like the Commercials got a little shorter the NDX, but less short the S+P (via the mini's). Odd little action in the S+P big contract, where both longs and shorts declined by 73,112 contracts. I assume this has to do with the change in the front month contract, but I dunno. Anyway, the change was in the Emini, a not unsubstantial change (equivalent of nearly 8K big contracts) but still leaving the Commercials very net short.

Have a great weekend, y'all.

the freep



To: JRI who wrote (34957)3/22/2002 9:31:35 PM
From: AllansAlias  Respond to of 209892
 
No. Today was a wedge breakout and failure. (Or, it was never really a wedge.) What we have now if you draw the lines is a weak down channel instead of a wedge.