Adding Confidence to Your Trading Decisions

QUICK
SNAPSHOT
DAILY
CHANGES
DAYS OF
SUPPLY
Home Membership Research Trading Commentary Track Record Update Schedule Contacts
Log In

Commitments of Traders in Natural Gas (NYMEX and ICE) Index


Last update: October 14, 2017, 0:51 EDT
Become a member
to see the latest chart

Description

CFTC COT Index is a percentile of net speculative positioning in natural gas measured over the last 3 years. 

This indicator converts net positions (commitments) to a 0% -100% scale. It reflects where the current net position ranks as a percentage of its range over the last three years. A reading close to 0 suggests that a bottom is forming and a reading close to 100 suggests that a top is forming. Use this indicator to watch for extremes reading in the natural gas market. Readings of 95 and higher as well as 5 and lower indicate a potential market extreme. This is when the probability of a reversal is higher and a trader may start consider taking a contrarian position.

The indicator is calculated using the data for NYMEX natural gas, ICE natural gas, NYMEX Henry Hub swaps and NYMEX Henry Hub penultimate swaps. 

Updated every Friday by 6 PM Eastern time.

Source: US Commodity Futures Trading Commission, Bluegold Research calculations

Copyright 2015 - 2017 © Bluegold Research     [ Terms of Use ]   [ Contacts ]
Site by Smartum IT