#cot data

McClellan Chart In Focus: COT Data Show A Bottom For Copper by Tom McClellen #COT

Chart In Focus

COT Data Show A Bottom For Copper

Last week I pointed out how the Commitment of Traders (COT) Report data for currencies were pointing to a big topping condition for the dollar.  That top appears to have arrived, and if the dollar heads downward then that should provide a boost to prices for all sorts of commodities. 

A similar message comes from the COT data on copper futures,…