
Technical | Analysis page 153 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
124 Part Il_ Markets and Market Indicators A number of tests have used COT data in stock futures, as well as data reported by the CFTC. The most workable systems appear to use smoothed data to normalize the longer-term trends and find that the relationship between commercials and noncommercials are…