COT Data at Extremes: A Short Setup in the Making?

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OT Report Insights: Preparing for a Short
The upcoming COT report will be pivotal.
If large speculators show signs of taking profits, I’m planning a short entry next week.

Here’s why:

Positioning at Extremes: Despite speculators adding longs for 10+ consecutive weeks, we’re now hovering around the 52-week high in contracts.
Such extreme levels often signal potential for a reversal or significant market moves.
Timing Is Everything: It’s not about jumping in immediately but waiting for the right moment and the ideal setup.
The plan is straightforward: analyze the next COT report, confirm if speculators are scaling back, and act decisively when the conditions align.

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