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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (300870)	9/23/2023 11:09:49 AM
From: dara	3 Recommendations Recommended By LoneClone onepath ralfph Read Replies (1) \| Respond to of 312313

COTS as of September 19, 2023 Stocks Weaken on Fed Pause Another change in direction by the commercials as they increased their net short position in gold while decreasing their net position in silver. See here and here and here. Gold finished the week on a low and is working through its wedge formation. Silver looks slightly more bullish as it finished the week nearer its high. Following gold, the HUI finished the week on a low. WTIC is consolidating around $90 after running up from $67 in three months. Russia has announced it will no longer export diesel as it is needed for internal use which is another step away from globalization. Other countries may follow suit giving priority to their internal markets. Natgas is in an uptrend since April of this year. In this week the US$ made new highs for this move. The DOW, SPX and the TSX all declined as if spooked by comments by the Fed. Interesting times. Ed Steer's comments: "Although gold is off of its low of late August, on an historical basis, gold is also set up for a decent rally from a COMEX futures market perspective...although its certainly not as bullish as the set-up in silver." Disaggregated futures and options - combined report: cftc.gov Legacy Report: Futures Only Commodity Exchange Incorporated: cftc.gov