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Financial markets weekly overview for December 25 – 31

We make up the last medium-term trade list in 2017 and discuss the Market condition based on CFTC reports and technical analysis.

The overview provides a description of the technical condition of the market on the most popular financial instruments, as well as information on the large speculators’ actions according to the last COT reports and the previous period.

If you want to use CFTC reports in your trading practice, you should understand that for an objective assessment of the situation it’s not enough to know the data of the last report. The dynamic is more important, in other words, comparing the statistics of large speculators’ actions in the current period with the previous one, so we mention both values.

Trade list in a graphical format  is available here.

If you want to get more information on the pullback trading tactics and other aspects of trading in the market, watch the «Horizontal levels in trading» video course.

This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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Financial markets weekly overview for December 25 – 31


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