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| COT Report - Gasoline Futures (Sentimentrader.com) |
As the S&P500 churns around the 1400 level today, I thought it might be interesting to look at the latest Commitments of Traders report for unleaded gasoline (which is slightly up on the day as I'm typing). I don't follow this report on a regular basis, but I'm curious how this will play out going forward given the extreme positioning by speculators. Could this mean we won't see the $4-5-6/gallon prices everyone seems to be forecasting this summer? Time will tell.