Hello Marcus and all. Have a question I have been pondering for a while. Wondering if I might get your point of view or insight, as I do have some knowledge of the COT, but it is nowhere near your expertise. I have heard that hedge /leveraged funds make the faster moves in the markets and that asset managers and commercials have a much longer-term approach, 6 months to a year or more. I have noticed in a few graphs where the leveraged funds are meandering around the 0 line or slightly bearish/ longish but not holding many positions meanwhile the non-commercials were completely bearish if the trend was down and vice versa. So what I'm getting at, is should one take into consideration the non-commercials at times or whoever is leading the trend? The top graph is Classic with Financials report in the blue just showing just leveraged funds and non-commercial. Hope I put this clearly across, thnx.
Thnx for your response Jas and informative post Jas. Yes I know leveraged funds are tracked here and in my wanderings around other platforms a couple have said that they follow leveraged funds mostly because they move quicker or more short term in the markets. Yes, that what I was getting at, who is moving the markets and taking all the big players into consideration not just one. I have used Barchart for some time and noticed that the leveraged funds a lot of the times were on the sidelines and just got me to thinking.