Weekly Sentiment Report (11/30)

 

Typically so-called "large" traders or speculators trade alongside the ongoing trend, but according to the latest Imm report by the CFTC this isn't exactly true. In fact, short-term trends can and often do shift before speculators catch onto the momentum shift.

While the overall trend remains up for both E-mini S&P futures (ES) and Nasdaq-100 futurers (NQ), their short-term trends and momentum have shifted lower as of late. Meanwhile, speculators have increased net positioning into both ES & NQ.