Monday, May 20, 2013
Crude Oil COT Commitment of Traders Chart
The COT chart for crude oil shows the tops in silver price with the red circles and bottoms with green circles. The COT typically lags price by one to two weeks. The stronger dollar recently continues to pressure commodities but oil is managing a jagged sideways path. WTIC crude oil is moving through 85-98 since last summer. The COT hints that another top may be forming but lots of continued sideways is likely ahead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
The COT charts are found at COT Price Charts.