CFTC: Swap Dealers Barely Participate Again
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Housekeeping: includes CTA analysis at bottom
* Normal variation/ Trend week
* 1st day was the tell
* 50 higher and the banks sell 4k???? 50 lower thy buy 17-20k.. lol..
* We have to go up with behavior like that until the events
* last 3 days spec funds and CTAs chasing momentum.. with macro-d selling to them
* banks nibbled on option trades.. and got burnt again
* Sell some gold buy some bitcoin now.. forget oil it seems
* position update
* CTAs definitely are adding again..This is the hottest of hot money…
The skinny
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