CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioning
October 08, 2023 at 03:41 AM EDT
Non-commercials are reducing their net longs in gold futures as fast as they can, with holdings at a 47-week low. The CBOE equity-only put-to-call ratio has pushed further into deep overbought territory. Unwinding of this helps equity longs.