Hedge funds and money managers have quadrupled bullish bets on commodities in just three weeks. During the week of October 13, bullish bets rose by one-third with 18 out of the 24 commodities being bought. Such a dramatic jump leaves some of the recent strong risers such as silver, gold and sugar vulnerable to a pullback.
from Ole Hansen - Authored content http://ift.tt/1RjFnaP
COT: Commodities overbought?
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