We noted the following in our August 9th Discretionary COT Signals regarding the September Dow Jones futures:COT Signals
Here are the Discretionary signals for 08/09/2017.
Total Mechanical program open trade equity = $23,322.
One new signal - selling the Dow futures.
This may be a good hedge for those of you with long equities exposure.
Best, Andy Waldock.
Andy Waldock Trading
866-990-0777
The Discretionary COT signals are very simple to implement in your own trading. The email was sent Tuesday evening for Wednesday's business. The September Dow Jones futures have a "Sell" signal. First, sell short the September Dow Jones futures upon receipt of this email or, at a price you determine on your own. Second, place a protective buy stop as noted in the "Stop" column at 21,132.
The third and final step is up to you. When should you take profits? This is why we offer a 30-day free trial. It's important for you the see how the market's behave at their turning points as forecasted by the commercial traders.
