
Everything You Need To Know From A Very Interesting CFTC Report
The latest CFTC data is out and this week's release is notable for a number of reasons.
It's current through Tuesday, which means that unlike last week's release, it captures the flash crash in oil. Recall that specs were already seen trimming their longs as of two Tuesday's ago...
... and then, a couple of days later, we got this:
So it's not surprising that hedge funds cut their longs for a third consecutive week through this Tuesday, which was amusingly just in time for Wednesday's bul