Hi guys,

Weekly Summary - Speculators

Index of speculators is 99%. Previous reading was 97%.

During the week speculators were buying at low speed. They bought 1665 contracts. Last 3 weeks show active buying pattern.

Speculators index sits at extreme levels. During last weeks index moved towards extreme values. Current market balance indicates limited bullish potential (and good potential for bears), however this indicator alone is not enough to make good decisions.

Weekly Summary - Producers

Index of producers is 10%. Previous reading was 12%.

During the week producers were selling at low speed. They sold 982 contracts. Last 3 weeks show active selling pattern.

Producers index sits in the lower quartile. During last weeks index moved towards extreme values. Current market balance indicates limited bullish potential (and good potential for bears), however this indicator alone is not enough to make good decisions.

Further analysis is on my site https://www.valknut-analytical.com

Gold - market is getting weaker week after week, price is not reversing yet. Cotton selling is still strong. Corn and soybeans are in depression zones, it is unclear if they bottomed.