Hi guys,

Weekly Summary - Speculators

Index of speculators is 100%. Previous reading was 99%.

During the week speculators were buying at low speed. They bought 4910 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 19%. Previous reading was 10%.

During the week producers were buying at medium speed. They bought 6752 contracts. Last 3 weeks show sporadic 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 made a strong return, accumulation was really strong, I was wrong expecting a reversal. Cotton selling is still strong. Corn and soybeans are in depression zones.