Loading ...Obviously “Managed Money” (blue line; Hedgefunds and Family Offices?) has built up an almost record short position, right until Silver hit 16.50 $ from the downside.
I like the COT data chart from this source:
https://www.barchart.com/futures/commitment-of-traders
for it shows “disaggragated data” in the lower chart, where swap dealers are shown as a separate category (green line). They seem to have the strongest correlation to highs and lows.
And you can choose up to 20 yrs. chart duration.
GL