Orion Futures Brokers

Return to Index Previous Next

Commitments of Traders Discussion Forum

Corn and the COT ... *PIC*
By:carl berkowitz
Date: Saturday, 6 August 2005, 7:43 am

A great illustration of the weakness of the COT as a lagging indicator, and why it should only be used for positional trading.

The COT chart still shows a bullish mode, but the last 3 days of price action won't show up until next Friday.

It will be interesting to see how much the Large Spec/Commercial relationship ( The Directional Movement Oscillator ) will change next week.