Wednesday 11 January 2012

British Sky Broadcasting Group LSE - Commitments of Traders COT Proxy

British Sky Broadcasting Group LSE - Commitments of Traders COT Proxy

Judging by the Commitments of Traders Proxy (COT Proxy), the commercials are turning to be net short since December 2011. Going into 2012, looks like it is a good time to short British Sky Stock.

Note: Commitments of Traders Report are only available for futures contracts. For other instruments that do not have the COT Report, we use a proxy to simulate the real COT report. We are able to see what positions the big boys aka commercials are taking. For a detail explanation please visit these links in the order of:

1) Power of COT Report and COT Proxy
2) COT Proxy!
3) Euro FX COT Report vs COT Proxy
4) US Dollar Index COT Report vs COT Proxy
5) COT Proxy for Stocks
6) Example: Neptune Orient Lines - NOL - SGX

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