Massive Buy Signal Dead Ahead?

Corona Del Mar, CA

Howdy Friend!

I wanted to shoot this out to you real quick ahead of the weekend...

The CFTC just released their Commitment of Traders report, and boy was it a massive change.

Small traders basically gave up on the stock market as S&P 500 futures expired last week.

The Smart Money indicator is not officially on a buy signal, but one is very likely just around the corner.

Notice that 449,780 long contracts were not rolled over to the September expiration.

This group of traders don't always get it wrong, but they do get it wrong nearly 80% of the time since I started tracking them nearly 20 years ago.

What's crazy to me is that neither of the two books on the subject (COT) got it right.

A classic case of not going through the hard work of disproving their hypothesis.

Speaking of books, my latest read was Stealth War by Robert Spalding.

Very interesting given the current situation we find ourselves in.

I'll just leave it at that.

In other news, we launched The Boss "SuperAi" strategy builder to all our pre-launch buyers a couple weeks ago.

It's been an absolutely amazing journey!

Our creation has been discovering HIGHLY profitable trading strategies in just about every market I've tested it on.

I can see why the #1 Go player in the world recently retired -- he couldn't beat the Ai.

If you can't beat 'em join 'em is my motto.

Official launch is coming soon!

Trade smart,

Dan "Prince of Proof" Murphy

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Government required disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.

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