Friday, November 18, 2011

Weekly Market Outlook: Commitment of Futures Traders Heatmap - 15 Nov 2011

This week, we have seen the NASDAQ moved from the dangerous RED zone 
to the moderate YELLOW zone. 

Technology stocks such as APPL have also declined as forecasted.

I sort of taken an interest in U.S. Dollar Index, with lots of currencies weakening against the greenback this week. If this keeps going up, it actually tells us that money is escaping the US stocks markets.

As the winter months are approaching, 
we are also seeing more long positions being taken up in No.2 Heating Oil and Crude Oil Light Sweet.

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