Loading ...Don’t want to appear too negative, but lots of people are getting excited about the CoT No’s….but I can;t help thinking that everything else is rigged, why the hell should the C o T No’s, which are supposed to be the guts of the mkt not be rigged as well. They’d almost be stupid not to and unfortunately they ain’t stupid at all.
Plus I see no difference at all in the way the Algo’s are set….so this CoT set up could be a very nasty bull trap, designed to take us all out yet again…..As I type this we have just been smacked back again and GDX is on a new daily Lo. Also they bid $/Yen all day, knowing Algo’s chase the SM etc on the back of such moves.
Those ETF’s are the mining industries ruin, as they can be shorted to eternity, without borrowing a single share and that is just what the Scum are doing.
Cheers in despair.