Crude oil COT Report

The managed money sectore net sold 26.413 contracts of WTI Crude oil as of March 3. Mixed with 5.150 long contracts and 31.563 short contracts. We can see small increase in hold short positions and a strong decrease in hold net positions.

From: https://www.cmegroup.com/tools-information/quikstrike/commitment-of-traders-energy.html

Reposted: https://leprivatebanker.com/2020/03/09/crude-oil-cot-report/

TPO Pattern Handbook

Discover the new TPO pattern handbook which describes the various TPO profile shapes, scenarios and gives some insights into the smaller hints in the profile strucutre to conclude a trade scenarios based on market generated information. Take a look into our Facebook shop or become a member of The Private Banker.

Yearly VWAP Update on ES Daily

The market opened around Friday's low and dropped lower with an open drive followed by the onver-night limit down close around -5.00% points. At the re-open in the early U.S open the market dropped again 2.00% points and closed for a 15 minutes pause followed by a rise to the re-open. Looking at the daily perspective with the Yearly VWAP we can observe that the market found support around the previous Year's VAL close level for now. With this we accomblised the rotational movement from one extreme to another extreme. Next possible support is the prior Year's VAL close level. Let's see how the market will evolve now.

Non-Production Data Feed

Non-Production Data Feeds are designed to only provide data to populate price charts and other key data related activities. Order entry through these feeds do not exist but typically will provide the best unfiltered data available. A good example of that would be the feed provided by DTN IQ Feed.

This is a trading glossary term series of blog posts. You can take a look at all the terms we post with the Trading Glossary label.

Also, visit our Trading Community to learn more about our indepth top down analysis process and trading methodology based on the auction market theory and other closely related nuances.

Daily VWAP Update on ES

The market opened above value but were trending lower with downside slope of the VWAP. We found support at the previous day's VAL close level followed by a pullback to the DVAH with resistance. Currently still in a bearish mode. Monitoring the developoing VWAP levels for any pattern of resistance. The market could close as a double inside day - the probability to take out both high/low extremes in the next days is higher in such a particular case.

Over Night High And Low - Trading Glossary

ON High is abbreviated for the overnight high or the high that occurred in the non-regular trading hours/globex session. ON Low is the abbreviation for the overnight low that occurred in the non-regular trading hours/globex session.

This is a trading glossary term series of blog posts. You can take a look at all the terms we post with the Trading Glossary label.

Also, visit our Trading Community to learn more about our indepth top down analysis process and trading methodology based on the auction market theory and other closely related nuances.

Open Rejection Reverse - Trading Glossary

Open Rejection Reverse is when the market opens and auctions in one direction to only be quickly rejected and reverses the other direction. This is very similar in appearance to an Open Test Drive (OTD).

This is a trading glossary term series of blog posts. You can take a look at all the terms we post with the Trading Glossary label.

Also, visit our Trading Community to learn more about our indepth top down analysis process and trading methodology based on the auction market theory and other closely related nuances.