COT - Spike in Commercials on SP500...

Discussion in 'Trading' started by mail2smitty, Oct 12, 2007.

  1. Hello,

    How would you read the current Commitment of Traders graph for the SP500? (maybe the question should be is it worth trying?)

    http://www.softwarenorth.net/cot/current/charts/SP.png

    Looked through past data, was a smaller spike in commercial longs in late 1999. Is this a precursor to a big runup?

    Thanks,
    smitty