CTA selling activity to weigh on Copper and Aluminum – TDS
Source Fxstreet
CTA selling activity in Copper and Aluminum is likely to weigh on these metals, reflecting the downside asymmetry in algo flows resulting from range-bound price action, TDS' Senior Commodity Strategist Daniel Ghali notes.
CTAs to sell +16% and +10% of their max size in Copper and Aluminium
"Ultimately, this trading regime is akin to time-decay for trend signals, resulting in more frequent whipsaws as adversarial pressures build proportionally with CTA positioning."
"This session, CTAs are set to respectively sell up to +16% and +10% of their max size in Copper and Aluminium, but the scope for subsequent purchases remains elevated in aluminium, with more selling in the pipeline over the coming week, even in a flat tape scenario for prices."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Wall Street Sounds Alarm: "Bitcoin's Four-Year Cycle Invalidated" - Will the Crypto Bull Market Persist?Wall Street Challenges Bitcoin's CyclicalityTradingKey - Recently, Wall Street firms led byJPMorgan, Bernstein, and ARK Invest ignited debate, asserting Bitcoin's four-year cycle is broken. They claim
Wall Street Challenges Bitcoin's CyclicalityTradingKey - Recently, Wall Street firms led byJPMorgan, Bernstein, and ARK Invest ignited debate, asserting Bitcoin's four-year cycle is broken. They claim
Ethereum Price Eyes an Upside Break — But $3,350 Has Other IdeasEthereum is consolidating above $3,200 and its 100-hour SMA after defending $3,150, with a bullish trend line support at $3,180 and an upside breakout hinging on a clean move through $3,320–$3,350, while a drop below $3,150 would reopen $3,040–$3,000 support.
Ethereum is consolidating above $3,200 and its 100-hour SMA after defending $3,150, with a bullish trend line support at $3,180 and an upside breakout hinging on a clean move through $3,320–$3,350, while a drop below $3,150 would reopen $3,040–$3,000 support.
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US DollarGold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.
Judgment on the Fed's December Rate Cut and 2026 Monetary Policy Trend: Identifying Opportunities in the U.S. Stock Market1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
Gemini integrates Ripple's RLUSD on XRPL and secures a CFTC license for prediction markets, though XRP price struggles at $2.02 despite strong ETF inflows.
