So far, there are no significant changes in the options flow suggesting a shift in sentiment or restructuring of previously established bullish positions. The market remains on watch, but interesting signals are coming from other sources.
According to the latest COT reports , institutional players continue to align with the current trend, reinforcing its stability.
However, retail positioning is starting to show signs of a potential reversal , with a noticeable increase in net-long positions and fresh buying activity over the past two days. This often indicates early countertrend interest.
The well-known contrarian principle — "do the opposite" — applies here, although it shouldn't be taken as an immediate signal to short.
For my part, I’ve identified the 0.6565–0.6570 zone as a key level where long positions are concentrated:
A rejection from this zone could offer a solid shorting opportunity.
A break above it would suggest the trend might resume higher.
By that point, updated options flow data and new positioning COT reports may provide further confirmation.
According to the latest COT reports , institutional players continue to align with the current trend, reinforcing its stability.
However, retail positioning is starting to show signs of a potential reversal , with a noticeable increase in net-long positions and fresh buying activity over the past two days. This often indicates early countertrend interest.
The well-known contrarian principle — "do the opposite" — applies here, although it shouldn't be taken as an immediate signal to short.
For my part, I’ve identified the 0.6565–0.6570 zone as a key level where long positions are concentrated:
A rejection from this zone could offer a solid shorting opportunity.
A break above it would suggest the trend might resume higher.
By that point, updated options flow data and new positioning COT reports may provide further confirmation.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.