Of course COT reports are interesting when price action differs from COT analysis. COT reports can reverse at any time. Watching volume can help ! Those who know COT reports, a note, I have reversed the commercials and large specs data to correlate with price trend. Charts from : http://timingcharts.com
I hope oil goes back to 145+ so I can load up on DTO, DEE, and DUG. Recession and slowing economies worldwide will push oil back below 100.