COT Strategy - Crude Oil Longs

DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.

COT Strategy
Crude Oil (CL)

My COT strategy has me on alert for long trades in CL again this week. To clarify, this was setup last week also, and triggered me long this week via a CCI divergence long trigger. Based on this weeks COT strategy analysis, I think this is a nice market for further upside and will look to enter again via 18MA & 10H8C MAC entry methods.

COT Commercial Index: Buy Signal.

Net Positioning: Max long of last 3 years - bullish.

Small Spec Index: Buy Signal.

Valuation: Undervalued vs Gold & Treasuries.

Front Month Premium Market.

True Seasonal up to Mid October.

Supplementary Indicators: Stochastic.

Remember, this is not a "Long Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the upside, which we will participate in with a Daily long trigger.

Good luck & good trading.