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Strategies & Market Trends : The Ego Forum

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To: hubris33 who wrote (11606)1/2/2013 10:27:02 AM
From: hubris33   of 12175
COT From Monday - 31st ......................... ..............................

Added 2472 of OA OI to get to 427,991. This in a move up in POG of 19.90.

Maybe not a bad add considering it was nearly a holiday and the big traders took the day off for a long weekend.

Brings the OI to a point above that recent low of 427,200 as indicated by the horizontal line on the chart here:

Message 28635026

Back into the trading range?

Looks like POG needs a close (or two) over 1,700 in order to start to trigger short covering. But hey, is it possible such a move could be a rocket ride up on squeeze buying?
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