Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.
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The exchange rate is updated every 15 minutes. European and US futures are trading lower as traders brace themselves for the most important economic data, also referred to as the mother of all economic numbers, the US NFP. This widget shows the latest week’s Commitment of Traders open interest. The COT data, as reported by the US Commodity Futures Trading Commission (CFTC), is from Tuesday, and is released Friday by the CFTC. Reporting firms send Tuesday open interest data on Wednesday morning.
The CFTC then corrects and verifies the data for release by Friday afternoon. The Barchart site’s data is then updated, after the official CFTC release. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on ig group review how to interpret the short and longer term signals.
The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on itrader review maintaining the current direction.
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