It’s difficult believing anything bankers tell you because, well, they are lying bankers.
So you need to take the COT Report with a grain of salt now, more so with the stakes at present.
How open interest can plummet the way it has with specs still holding the majority of their positions is definitely questionable.
But what good is getting bailed out again if you can’t enjoy the spoils.
So lie – lie – lie.
Unfortunately this means more volatility is on its way at some point.
Cheers