Not Easy Being A Contrarian
Not Easy Being A Contrarian
Well Volar is headed out for the week end, but not without a few charts. Here is some just released data; NAZ COT and NAZ short interest.
Here is the COT.
I am fairly sure I warned you all about why we were not going to squeeze higher a while back (multiple times)…. and now I am doing the opposite.
More charts for the subs below:
[amprotect=nonmember]
More of Volar’s charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
[/amprotect]
[amprotect=1,13,9,12,5]
Here is the Nasdaq Short Interest through the 15th.
Well sheep get slaughtered. Odds are I could be stopped out next week, but that is life.
On a side note Scott mentioned the CAD, and there is something interesting brewing there for a few reasons.
(1) COT
(2) Sentiment survey
Anyways not long the CAD, but figured you could read this stuff over the weekend.
Best of luck trading,
-Volar
[/amprotect]