Sunday 22 December 2013

Christmas Week Signals: Banks to Bearish, Crude to Cash

New weekly trader data has given me two new signals taking effect on the coming week's open of trading and two other signals taking effect in a week's time:

- BKX U.S. Bank Index: This signal goes to bearish on Monday's open of trading.
- Crude oil: Crude goes to cash on Monday's open.

As well, in a week's time, my signal for natural gas goes bullish, while my signal for the 30-year Treasury bond goes to cash (i.e. on the open the week of Dec. 30).

See my latest signals table for more details on Friday's Commitments of Traders data from the U.S. Commodity Futures Trading Commission.

Good luck this week, and holiday best wishes to all!

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