CountingPips Forex Blog

Archive for CountingPips Forex Blog – Page 22

COT Speculators boost Corn bullish bets to best level of past 22-weeks

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

The latest COT data is updated through Tuesday November 16th 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

Highlighting the COT Soft Commodities data this week is the gains almost across the board in these markets. This week’s positive data changes in nominal speculator contracts saw soft commodities take five out of the top seven places of all the markets we track. Soybean Meal speculators added 28,354 contracts to their standings this week while Corn specs added 23,888 contracts, Soybeans bets rose by 19,333 contracts, Wheat wagers increased by 17,558 contracts and Sugar tacked on 15,358 contracts to its overall net position.

Corn positions, in particular, are seeing rising bullish sentiment and have jumped by a total of 122,157 contracts over just the past four weeks. The Corn speculative net positions is now at its highest level of the past twenty-two weeks, dating back to June 15th.

Data Snapshot of Commodity Market Traders | Columns Legend

Nov-16-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
WTI Crude	2,057,633	18	415,785	44	-470,324	41	54,539	92
Gold	612,612	54	259,780	73	-287,539	27	27,759	48
Silver	152,404	18	45,625	68	-66,148	34	20,523	61
Copper	208,066	32	20,337	57	-30,805	38	10,468	86
Palladium	11,840	24	-2,038	7	1,976	91	62	48
Platinum	62,284	26	21,013	33	-28,225	69	7,212	63
Natural Gas	1,308,708	45	-144,620	35	98,415	62	46,205	96
Brent	199,930	39	-12,900	98	7,412	0	5,488	94
Heating Oil	380,887	26	17,029	67	-37,010	32	19,981	68
Soybeans	662,972	13	46,917	42	-4,927	65	-41,990	2
Corn	1,598,926	38	399,186	81	-340,672	23	-58,514	9
Coffee	286,343	48	66,081	97	-70,075	5	3,994	16
Sugar	906,385	21	227,389	83	-276,185	16	48,796	68
Wheat	427,786	49	36,761	78	-27,999	14	-8,762	60

CORN Futures:

The CORN large speculator standing this week reached a net position of 399,186 contracts in the data reported through Tuesday. This was a weekly increase of 23,888 contracts from the previous week which had a total of 375,298 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 81.0 percent. The commercials are Bearish with a score of 23.4 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 9.4 percent.

CORN Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	31.6	45.3	8.5
– Percent of Open Interest Shorts:	6.6	66.6	12.1
– Net Position:	399,186	-340,672	-58,514
– Gross Longs:	504,851	724,785	135,589
– Gross Shorts:	105,665	1,065,457	194,103
– Long to Short Ratio:	4.8 to 1	0.7 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	81.0	23.4	9.4
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	13.1	-14.7	0.5

SUGAR Futures:

The SUGAR large speculator standing this week reached a net position of 227,389 contracts in the data reported through Tuesday. This was a weekly lift of 15,358 contracts from the previous week which had a total of 212,031 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 83.3 percent. The commercials are Bearish-Extreme with a score of 15.8 percent and the small traders (not shown in chart) are Bullish with a score of 68.2 percent.

SUGAR Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	30.8	42.8	10.7
– Percent of Open Interest Shorts:	5.7	73.3	5.3
– Net Position:	227,389	-276,185	48,796
– Gross Longs:	278,893	388,334	96,952
– Gross Shorts:	51,504	664,519	48,156
– Long to Short Ratio:	5.4 to 1	0.6 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	83.3	15.8	68.2
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-4.1	3.2	3.8

COFFEE Futures:

The COFFEE large speculator standing this week reached a net position of 66,081 contracts in the data reported through Tuesday. This was a weekly increase of 5,261 contracts from the previous week which had a total of 60,820 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 96.6 percent. The commercials are Bearish-Extreme with a score of 4.9 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 16.0 percent.

COFFEE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	27.8	42.8	3.9
– Percent of Open Interest Shorts:	4.7	67.3	2.6
– Net Position:	66,081	-70,075	3,994
– Gross Longs:	79,550	122,594	11,308
– Gross Shorts:	13,469	192,669	7,314
– Long to Short Ratio:	5.9 to 1	0.6 to 1	1.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	96.6	4.9	16.0
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-0.4	0.7	-3.2

SOYBEANS Futures:

The SOYBEANS large speculator standing this week reached a net position of 46,917 contracts in the data reported through Tuesday. This was a weekly boost of 19,333 contracts from the previous week which had a total of 27,584 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 42.0 percent. The commercials are Bullish with a score of 64.7 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 2.0 percent.

SOYBEANS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	20.0	59.0	6.9
– Percent of Open Interest Shorts:	12.9	59.8	13.3
– Net Position:	46,917	-4,927	-41,990
– Gross Longs:	132,364	391,217	45,975
– Gross Shorts:	85,447	396,144	87,965
– Long to Short Ratio:	1.5 to 1	1.0 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	42.0	64.7	2.0
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-1.1	4.2	-21.9

SOYBEAN MEAL Futures:

The SOYBEAN MEAL large speculator standing this week reached a net position of 73,989 contracts in the data reported through Tuesday. This was a weekly boost of 28,354 contracts from the previous week which had a total of 45,635 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 72.1 percent. The commercials are Bearish with a score of 25.4 percent and the small traders (not shown in chart) are Bullish with a score of 74.3 percent.

SOYBEAN MEAL Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.6	44.2	11.9
– Percent of Open Interest Shorts:	6.5	66.0	6.3
– Net Position:	73,989	-99,866	25,877
– Gross Longs:	103,903	203,239	54,734
– Gross Shorts:	29,914	303,105	28,857
– Long to Short Ratio:	3.5 to 1	0.7 to 1	1.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	72.1	25.4	74.3
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	41.8	-43.8	24.8

LIVE CATTLE Futures:

The LIVE CATTLE large speculator standing this week reached a net position of 52,226 contracts in the data reported through Tuesday. This was a weekly lift of 3,023 contracts from the previous week which had a total of 49,203 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 24.1 percent. The commercials are Bullish with a score of 72.5 percent and the small traders (not shown in chart) are Bullish with a score of 64.7 percent.

LIVE CATTLE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	34.1	39.4	9.9
– Percent of Open Interest Shorts:	16.7	53.7	13.0
– Net Position:	52,226	-43,034	-9,192
– Gross Longs:	102,550	118,410	29,742
– Gross Shorts:	50,324	161,444	38,934
– Long to Short Ratio:	2.0 to 1	0.7 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	24.1	72.5	64.7
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	12.4	-11.8	-9.9

LEAN HOGS Futures:

The LEAN HOGS large speculator standing this week reached a net position of 46,764 contracts in the data reported through Tuesday. This was a weekly lift of 1,827 contracts from the previous week which had a total of 44,937 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 59.3 percent. The commercials are Bullish with a score of 50.2 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 10.2 percent.

LEAN HOGS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	39.1	34.9	7.8
– Percent of Open Interest Shorts:	18.4	48.8	14.4
– Net Position:	46,764	-31,629	-15,135
– Gross Longs:	88,455	78,855	17,531
– Gross Shorts:	41,691	110,484	32,666
– Long to Short Ratio:	2.1 to 1	0.7 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	59.3	50.2	10.2
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-28.0	27.0	5.2

COTTON Futures:

The COTTON large speculator standing this week reached a net position of 108,441 contracts in the data reported through Tuesday. This was a weekly boost of 4,928 contracts from the previous week which had a total of 103,513 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 91.8 percent. The commercials are Bearish-Extreme with a score of 7.2 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 91.6 percent.

COTTON Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	44.8	35.3	8.1
– Percent of Open Interest Shorts:	4.1	80.6	3.4
– Net Position:	108,441	-120,945	12,504
– Gross Longs:	119,403	94,055	21,485
– Gross Shorts:	10,962	215,000	8,981
– Long to Short Ratio:	10.9 to 1	0.4 to 1	2.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	91.8	7.2	91.6
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-8.2	7.2	3.2

COCOA Futures:

The COCOA large speculator standing this week reached a net position of 4,521 contracts in the data reported through Tuesday. This was a weekly rise of 9,142 contracts from the previous week which had a total of -4,621 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 27.4 percent. The commercials are Bullish with a score of 72.6 percent and the small traders (not shown in chart) are Bearish with a score of 37.3 percent.

COCOA Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	26.9	53.3	4.7
– Percent of Open Interest Shorts:	25.0	56.3	3.6
– Net Position:	4,521	-7,053	2,532
– Gross Longs:	63,037	124,699	10,926
– Gross Shorts:	58,516	131,752	8,394
– Long to Short Ratio:	1.1 to 1	0.9 to 1	1.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	27.4	72.6	37.3
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-36.0	36.9	-20.2

WHEAT Futures:

The WHEAT large speculator standing this week reached a net position of 36,761 contracts in the data reported through Tuesday. This was a weekly advance of 17,558 contracts from the previous week which had a total of 19,203 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 78.3 percent. The commercials are Bearish-Extreme with a score of 13.6 percent and the small traders (not shown in chart) are Bullish with a score of 59.7 percent.

WHEAT Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	30.9	35.1	8.0
– Percent of Open Interest Shorts:	22.3	41.6	10.1
– Net Position:	36,761	-27,999	-8,762
– Gross Longs:	132,167	150,055	34,249
– Gross Shorts:	95,406	178,054	43,011
– Long to Short Ratio:	1.4 to 1	0.8 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	78.3	13.6	59.7
– COT Index Reading (3 Year Range):	Bullish	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	25.1	-30.9	10.7

Article By InvestMacro – Receive our weekly COT Reports by Email

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators) as well as their open interest (contracts open in the market at time of reporting).See CFTC criteria here.

20 Nov

Speculators boost RBOB Gasoline bullish bets to 20-week high

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

Highlighting the COT Energy data this week is the gains in RBOB Gasoline speculative positions. Gasoline speculator bets jumped this week by the largest one-week gain (+9,145 contracts) of the past fifty-three weeks and rose for the sixth time in ten weeks. These gains have pushed the current speculative net standing (+54,214 contracts) to its highest level of the past twenty weeks, dating back to June 29th. RBOB Gasoline futures prices, like many energy markets, have been on a strong uptrend since bottoming in early 2020 and recently hit the highest level since 2014 in October.

Data Snapshot of Commodity Market Traders | Columns Legend

Nov-16-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
WTI Crude	2,057,633	18	415,785	44	-470,324	41	54,539	92
Gold	612,612	54	259,780	73	-287,539	27	27,759	48
Silver	152,404	18	45,625	68	-66,148	34	20,523	61
Copper	208,066	32	20,337	57	-30,805	38	10,468	86
Palladium	11,840	24	-2,038	7	1,976	91	62	48
Platinum	62,284	26	21,013	33	-28,225	69	7,212	63
Natural Gas	1,308,708	45	-144,620	35	98,415	62	46,205	96
Brent	199,930	39	-12,900	98	7,412	0	5,488	94
Heating Oil	380,887	26	17,029	67	-37,010	32	19,981	68
Soybeans	662,972	13	46,917	42	-4,927	65	-41,990	2
Corn	1,598,926	38	399,186	81	-340,672	23	-58,514	9
Coffee	286,343	48	66,081	97	-70,075	5	3,994	16
Sugar	906,385	21	227,389	83	-276,185	16	48,796	68
Wheat	427,786	49	36,761	78	-27,999	14	-8,762	60

WTI Crude Oil Futures:

The WTI Crude Oil Futures large speculator standing this week resulted in a net position of 415,785 contracts in the data reported through Tuesday. This was a weekly decrease of -5,527 contracts from the previous week which had a total of 421,312 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 44.4 percent. The commercials are Bearish with a score of 41.5 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 91.9 percent.

WTI Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	24.8	34.6	5.0
– Percent of Open Interest Shorts:	4.6	57.4	2.4
– Net Position:	415,785	-470,324	54,539
– Gross Longs:	510,169	711,066	103,722
– Gross Shorts:	94,384	1,181,390	49,183
– Long to Short Ratio:	5.4 to 1	0.6 to 1	2.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	44.4	41.5	91.9
– COT Index Reading (3 Year Range):	Bearish	Bearish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	5.6	-8.1	13.5

Brent Crude Oil Futures:

The Brent Crude Oil Futures large speculator standing this week resulted in a net position of -12,900 contracts in the data reported through Tuesday. This was a weekly reduction of -1,049 contracts from the previous week which had a total of -11,851 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 98.1 percent. The commercials are Bearish-Extreme with a score of 0.0 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 94.1 percent.

Brent Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.6	40.8	4.4
– Percent of Open Interest Shorts:	29.1	37.1	1.7
– Net Position:	-12,900	7,412	5,488
– Gross Longs:	45,201	81,608	8,790
– Gross Shorts:	58,101	74,196	3,302
– Long to Short Ratio:	0.8 to 1	1.1 to 1	2.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	98.1	0.0	94.1
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	44.4	-41.4	-5.9

Natural Gas Futures:

The Natural Gas Futures large speculator standing this week resulted in a net position of -144,620 contracts in the data reported through Tuesday. This was a weekly fall of -2,429 contracts from the previous week which had a total of -142,191 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 35.2 percent. The commercials are Bullish with a score of 61.9 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 95.9 percent.

Natural Gas Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	19.2	43.8	5.1
– Percent of Open Interest Shorts:	30.3	36.2	1.6
– Net Position:	-144,620	98,415	46,205
– Gross Longs:	251,501	572,761	67,164
– Gross Shorts:	396,121	474,346	20,959
– Long to Short Ratio:	0.6 to 1	1.2 to 1	3.2 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	35.2	61.9	95.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-3.3	0.6	23.1

Gasoline Blendstock Futures:

The Gasoline Blendstock Futures large speculator standing this week resulted in a net position of 54,214 contracts in the data reported through Tuesday. This was a weekly increase of 9,145 contracts from the previous week which had a total of 45,069 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 25.3 percent. The commercials are Bullish with a score of 74.9 percent and the small traders (not shown in chart) are Bullish with a score of 58.8 percent.

Nasdaq Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	32.1	45.7	6.6
– Percent of Open Interest Shorts:	16.0	64.2	4.2
– Net Position:	54,214	-62,114	7,900
– Gross Longs:	108,162	153,833	22,091
– Gross Shorts:	53,948	215,947	14,191
– Long to Short Ratio:	2.0 to 1	0.7 to 1	1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	25.3	74.9	58.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	3.2	-3.3	0.7

#2 Heating Oil NY-Harbor Futures:

The #2 Heating Oil NY-Harbor Futures large speculator standing this week resulted in a net position of 17,029 contracts in the data reported through Tuesday. This was a weekly lowering of -2,993 contracts from the previous week which had a total of 20,022 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 67.5 percent. The commercials are Bearish with a score of 31.8 percent and the small traders (not shown in chart) are Bullish with a score of 67.6 percent.

Heating Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	14.0	52.3	12.3
– Percent of Open Interest Shorts:	9.6	62.0	7.1
– Net Position:	17,029	-37,010	19,981
– Gross Longs:	53,501	199,252	46,852
– Gross Shorts:	36,472	236,262	26,871
– Long to Short Ratio:	1.5 to 1	0.8 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	67.5	31.8	67.6
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-30.2	31.8	-32.4

Bloomberg Commodity Index Futures:

The Bloomberg Commodity Index Futures large speculator standing this week resulted in a net position of -13,973 contracts in the data reported through Tuesday. This was a weekly increase of 218 contracts from the previous week which had a total of -14,191 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 35.2 percent. The commercials are Bullish with a score of 63.7 percent and the small traders (not shown in chart) are Bullish with a score of 56.0 percent.

Bloomberg Index Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	55.7	37.9	1.9
– Percent of Open Interest Shorts:	90.4	5.0	0.1
– Net Position:	-13,973	13,252	721
– Gross Longs:	22,471	15,268	772
– Gross Shorts:	36,444	2,016	51
– Long to Short Ratio:	0.6 to 1	7.6 to 1	15.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	35.2	63.7	56.0
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-3.2	2.6	12.3

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Energy Opinions

15 Nov

COT Speculators lift US Dollar bullish bets higher for 19th out of 21 weeks

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). This week’s reports are delayed due to last week’s Veteran’s Day holiday.

The latest COT data is updated through Tuesday November 9th 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the euro will decline versus the dollar.

Highlighting the COT Currency data this week is the US Dollar Index which continued to creep up a little higher in the past few weeks. The dollar index speculative positions edged up higher by 466 contracts this week following an increase by just 525 contracts the previous week on November 2nd. The speculator positioning had fallen for the first time in ten weeks on October 26th before these past two small bullish increases. The USD positions have been on such a roll that bullish bets have gained in nineteen out of the past twenty-one weeks (net total gains of +37,751 contracts) and reached an approximately two-year high-point on October 19th. Currently, the USD Index maintains a bullish-extreme strength index level.

Data Snapshot of Forex Market Traders | Columns Legend

Nov-09-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
USD Index	57,713	84	35,448	87	-41,095	6	5,647	78
EUR	678,368	75	3,773	36	-32,041	67	28,268	21
GBP	186,898	30	-12,093	65	17,548	40	-5,455	44
JPY	243,087	84	-105,351	3	123,199	97	-17,848	11
CHF	51,546	30	-17,043	40	20,534	54	-3,491	53
CAD	154,720	33	5,104	59	-26,608	35	21,504	79
AUD	157,269	50	-63,424	25	66,185	68	-2,761	46
NZD	43,461	31	12,882	93	-15,139	7	2,257	78
MXN	164,152	31	-48,407	1	45,684	99	2,723	55
RUB	58,349	67	20,703	62	-22,797	33	2,094	91
BRL	33,808	36	-15,458	48	15,945	55	-487	61
Bitcoin	13,821	79	-1,467	69	223	0	1,244	26

US Dollar Index Futures:

The US Dollar Index large speculator standing this week reached a net position of 35,448 contracts in the data reported through Tuesday. This was a weekly rise of 466 contracts from the previous week which had a total of 34,982 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 86.9 percent. The commercials are Bearish-Extreme with a score of 6.3 percent and the small traders (not shown in chart) are Bullish with a score of 78.3 percent.

US DOLLAR INDEX Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	80.6	3.7	13.0
– Percent of Open Interest Shorts:	19.2	74.9	3.2
– Net Position:	35,448	-41,095	5,647
– Gross Longs:	46,521	2,130	7,516
– Gross Shorts:	11,073	43,225	1,869
– Long to Short Ratio:	4.2 to 1	0.0 to 1	4.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	86.9	6.3	78.3
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	15.5	-15.5	3.7

Euro Currency Futures:

The Euro Currency large speculator standing this week reached a net position of 3,773 contracts in the data reported through Tuesday. This was a weekly rise of 9,911 contracts from the previous week which had a total of -6,138 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 36.2 percent. The commercials are Bullish with a score of 66.7 percent and the small traders (not shown in chart) are Bearish with a score of 21.2 percent.

EURO Currency Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.4	57.5	12.4
– Percent of Open Interest Shorts:	27.8	62.2	8.2
– Net Position:	3,773	-32,041	28,268
– Gross Longs:	192,544	389,822	83,827
– Gross Shorts:	188,771	421,863	55,559
– Long to Short Ratio:	1.0 to 1	0.9 to 1	1.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	36.2	66.7	21.2
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	0.9	-0.5	-2.1

British Pound Sterling Futures:

The British Pound Sterling large speculator standing this week reached a net position of -12,093 contracts in the data reported through Tuesday. This was a weekly lowering of -27,140 contracts from the previous week which had a total of 15,047 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 65.3 percent. The commercials are Bearish with a score of 40.1 percent and the small traders (not shown in chart) are Bearish with a score of 44.3 percent.

BRITISH POUND Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.9	54.3	13.1
– Percent of Open Interest Shorts:	35.4	44.9	16.0
– Net Position:	-12,093	17,548	-5,455
– Gross Longs:	54,004	101,492	24,510
– Gross Shorts:	66,097	83,944	29,965
– Long to Short Ratio:	0.8 to 1	1.2 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	65.3	40.1	44.3
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-10.1	8.4	-0.2

Japanese Yen Futures:

The Japanese Yen large speculator standing this week reached a net position of -105,351 contracts in the data reported through Tuesday. This was a weekly lift of 2,273 contracts from the previous week which had a total of -107,624 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 2.8 percent. The commercials are Bullish-Extreme with a score of 97.3 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 11.2 percent.

JAPANESE YEN Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	6.8	83.5	8.8
– Percent of Open Interest Shorts:	50.1	32.8	16.1
– Net Position:	-105,351	123,199	-17,848
– Gross Longs:	16,440	203,044	21,297
– Gross Shorts:	121,791	79,845	39,145
– Long to Short Ratio:	0.1 to 1	2.5 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	2.8	97.3	11.2
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-25.3	19.8	1.5

Swiss Franc Futures:

The Swiss Franc large speculator standing this week reached a net position of -17,043 contracts in the data reported through Tuesday. This was a weekly gain of 3,605 contracts from the previous week which had a total of -20,648 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 40.2 percent. The commercials are Bullish with a score of 54.0 percent and the small traders (not shown in chart) are Bullish with a score of 53.0 percent.

SWISS FRANC Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	9.1	63.0	27.3
– Percent of Open Interest Shorts:	42.2	23.2	34.1
– Net Position:	-17,043	20,534	-3,491
– Gross Longs:	4,690	32,499	14,095
– Gross Shorts:	21,733	11,965	17,586
– Long to Short Ratio:	0.2 to 1	2.7 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	40.2	54.0	53.0
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-9.5	-8.5	38.0

Canadian Dollar Futures:

The Canadian Dollar large speculator standing this week reached a net position of 5,104 contracts in the data reported through Tuesday. This was a weekly gain of 942 contracts from the previous week which had a total of 4,162 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 59.3 percent. The commercials are Bearish with a score of 35.0 percent and the small traders (not shown in chart) are Bullish with a score of 79.2 percent.

CANADIAN DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.4	43.3	27.8
– Percent of Open Interest Shorts:	25.1	60.5	13.9
– Net Position:	5,104	-26,608	21,504
– Gross Longs:	43,961	67,021	42,935
– Gross Shorts:	38,857	93,629	21,431
– Long to Short Ratio:	1.1 to 1	0.7 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	59.3	35.0	79.2
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	21.1	-26.0	24.3

Australian Dollar Futures:

The Australian Dollar large speculator standing this week reached a net position of -63,424 contracts in the data reported through Tuesday. This was a weekly advance of 12,072 contracts from the previous week which had a total of -75,496 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 25.0 percent. The commercials are Bullish with a score of 68.3 percent and the small traders (not shown in chart) are Bearish with a score of 45.7 percent.

AUSTRALIAN DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	15.2	69.2	14.4
– Percent of Open Interest Shorts:	55.5	27.1	16.1
– Net Position:	-63,424	66,185	-2,761
– Gross Longs:	23,844	108,880	22,621
– Gross Shorts:	87,268	42,695	25,382
– Long to Short Ratio:	0.3 to 1	2.6 to 1	0.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	25.0	68.3	45.7
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	21.6	-28.8	37.9

New Zealand Dollar Futures:

The New Zealand Dollar large speculator standing this week reached a net position of 12,882 contracts in the data reported through Tuesday. This was a weekly fall of -979 contracts from the previous week which had a total of 13,861 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 92.9 percent. The commercials are Bearish-Extreme with a score of 7.1 percent and the small traders (not shown in chart) are Bullish with a score of 77.7 percent.

NEW ZEALAND DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	58.2	26.4	12.4
– Percent of Open Interest Shorts:	28.6	61.2	7.2
– Net Position:	12,882	-15,139	2,257
– Gross Longs:	25,312	11,467	5,405
– Gross Shorts:	12,430	26,606	3,148
– Long to Short Ratio:	2.0 to 1	0.4 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	92.9	7.1	77.7
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	4.4	-7.0	21.8

Mexican Peso Futures:

The Mexican Peso large speculator standing this week reached a net position of -48,407 contracts in the data reported through Tuesday. This was a weekly boost of 2,611 contracts from the previous week which had a total of -51,018 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 1.2 percent. The commercials are Bullish-Extreme with a score of 98.6 percent and the small traders (not shown in chart) are Bullish with a score of 54.6 percent.

MEXICAN PESO Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	37.6	57.9	3.6
– Percent of Open Interest Shorts:	67.1	30.1	2.0
– Net Position:	-48,407	45,684	2,723
– Gross Longs:	61,791	95,074	5,976
– Gross Shorts:	110,198	49,390	3,253
– Long to Short Ratio:	0.6 to 1	1.9 to 1	1.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	1.2	98.6	54.6
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-13.0	12.6	2.6

Brazilian Real Futures:

The Brazilian Real large speculator standing this week reached a net position of -15,458 contracts in the data reported through Tuesday. This was a weekly reduction of -1,186 contracts from the previous week which had a total of -942 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 47.9 percent. The commercials are Bullish with a score of 54.7 percent and the small traders (not shown in chart) are Bullish with a score of 60.9 percent.

BRAZIL REAL Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	31.5	60.0	7.9
– Percent of Open Interest Shorts:	77.2	12.8	9.4
– Net Position:	-15,458	15,945	-487
– Gross Longs:	10,644	20,275	2,676
– Gross Shorts:	26,102	4,330	3,163
– Long to Short Ratio:	0.4 to 1	4.7 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	47.9	54.7	60.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-27.5	29.2	-16.4

Russian Ruble Futures:

The Russian Ruble large speculator standing this week reached a net position of 20,703 contracts in the data reported through Tuesday. This was a weekly advance of 721 contracts from the previous week which had a total of 19,982 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 62.4 percent. The commercials are Bearish with a score of 33.3 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 91.4 percent.

RUSSIAN RUBLE Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	58.0	37.0	5.0
– Percent of Open Interest Shorts:	22.5	76.0	1.4
– Net Position:	20,703	-22,797	2,094
– Gross Longs:	33,855	21,570	2,924
– Gross Shorts:	13,152	44,367	830
– Long to Short Ratio:	2.6 to 1	0.5 to 1	3.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	62.4	33.3	91.4
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-0.3	-1.1	16.0

Bitcoin Futures:

The Bitcoin large speculator standing this week reached a net position of -1,467 contracts in the data reported through Tuesday. This was a weekly lift of 145 contracts from the previous week which had a total of -1,612 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 69.0 percent. The commercials are Bullish with a score of 57.3 percent and the small traders (not shown in chart) are Bearish with a score of 26.4 percent.

BITCOIN Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	67.0	4.1	15.0
– Percent of Open Interest Shorts:	77.6	2.5	6.0
– Net Position:	-1,467	223	1,244
– Gross Longs:	9,258	566	2,071
– Gross Shorts:	10,725	343	827
– Long to Short Ratio:	0.9 to 1	1.7 to 1	2.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	69.0	57.3	26.4
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-13.7	4.7	15.3

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Forex and Currency News Opinions

15 Nov

COT Speculator Extremes: Brent Crude Oil, Coffee, MXN & Palladium lead weekly Bullish & Bearish Positions

The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Monday (holiday delay release) for data ending on November 9th 2021.

The weekly Extreme Positions report highlights the Top 5 Most Bullish and Top 5 Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.

To signify an extreme position, we use the Strength Index (also known as the COT Index) of each instrument, a common method of measuring COT data. The Strength Index is simply a comparison of current trader positions against the range of positions over the previous 3 years. We use over 80 percent as extremely bullish and under 20 percent as extremely bearish. (Compare Strength Index scores across all markets in the data table or cot leaders table)

Speculators or Non-Commercials Notes:

Speculators, classified as non-commercial traders by the CFTC, are made up of large commodity funds, hedge funds and other significant for-profit participants. The Specs are generally regarded as trend-followers in their behavior towards price action – net speculator bets and prices tend to go in the same directions. These traders often look to buy when prices are rising and sell when prices are falling. To illustrate this point, many times speculator contracts can be found at their most extremes (bullish or bearish) when prices are also close to their highest or lowest levels.

These extreme levels can be dangerous for the large speculators as the trade is most crowded, there is less trading ammunition still sitting on the sidelines to push the trend further and prices have moved a significant distance. When the trend becomes exhausted, some speculators take profits while others look to also exit positions when prices fail to continue in the same direction. This process usually plays out over many months to years and can ultimately create a reverse effect where prices start to fall and speculators start a process of selling when prices are falling.

Here Are This Week’s Most Bullish Speculator Positions:

Brent Oil

The Brent Oil speculator trader’s futures position comes in as the most bullish extreme standing this week. The Brent speculator level is currently at a 100 percent score of its 3-year range.

The speculator position totaled -11,851 net contracts this week which was a change by 863 contracts from last week. The speculator long position was a total of 47,922 contracts compared to the total spec short position of 59,773 contracts.

Coffee Futures

The Coffee Futures speculator trader’s futures position comes next in the extreme standings this week. The Coffee speculator level is now at a 93 percent score of its 3-year range.

The speculator position was 60,820 net contracts this week, a change by -3,533 contracts from last week. The speculator long position was a total of 78,364 contracts versus the total speculator short position of 17,544 contracts.

New Zealand Dollar

The New Zealand Dollar speculator trader’s futures position comes in third this week in the extreme standings. The NZD speculator level resides at a 93 percent score of its 3-year range.

The speculator position was 12,882 net contracts this week which marked a change by -979 contracts from last week. The speculator long position was a total of 25,312 contracts versus the total speculator short position of 12,430 contracts.

2-Year Bond

The 2-Year Bond speculator trader’s futures position comes up number four in the extreme standings this week. The 2-Year speculator level is at a 89 percent score of its 3-year range.

The speculator position was -16,737 net contracts this week and changed by 46,371 contracts from last week. The speculator long position was a total of 345,187 contracts against the total spec short position of 361,924 contracts.

US Dollar Index

The US Dollar Index speculator trader’s futures position rounds out the top five in this week’s bullish extreme standings. The USD Index speculator level sits at a 87 percent score of its 3-year range.

The speculator position was 35,448 net contracts this week which was a move of 466 contracts from last week. The speculator long position was a total of 46,521 contracts in comparison to the total speculator short position of 11,073 contracts.

This Week’s Most Bearish Speculator Positions:

Mexican Peso

The Mexican Peso speculator trader’s futures position comes in as the most bearish extreme standing this week. The MXN speculator level is at a 1 percent score of its 3-year range.

The speculator position was -48,407 net contracts this week, a weekly change of 2,611 contracts from last week. The speculator long position was a total of 61,791 contracts versus the total spec short position of 110,198 contracts.

Palladium

The Palladium speculator trader’s futures position comes in next for the most bearish extreme standing on the week. The Palladium speculator level is at a 2 percent score of its 3-year range.

The speculator position was -2,954 net contracts this week which was a change by 437 contracts from last week. The speculator long position was a total of 2,701 contracts compared to the total speculator short position of 5,655 contracts.

Japanese Yen

The Japanese Yen speculator trader’s futures position comes in as third most bearish extreme standing of the week. The JPY speculator level resides at a 3 percent score of its 3-year range.

The speculator position was -105,351 net contracts this week saw movement by 2,273 contracts from last week. The speculator long position was a total of 16,440 contracts against the total spec short position of 121,791 contracts.

5-Year Bond

The 5-Year Bond speculator trader’s futures position comes in as this week’s fourth most bearish extreme standing. The 5-Year speculator level is at a 8 percent score of its 3-year range.

The speculator position was -407,485 net contracts this week which was a change by -31,132 contracts on the week. The speculator long position was a total of 258,018 contracts versus the total speculator short position of 665,503 contracts.

Nikkei 225 Yen

Finally, the Nikkei 225 Yen speculator trader’s futures position comes in as the fifth most bearish extreme standing for this week. The Nikkei 225 Yen speculator level is at a 21 percent score of its 3-year range.

The speculator position was -303 net contracts this week and changed by -2,188 contracts from last week. The speculator long position was a total of 9,198 contracts compared to the total spec short position of 9,501 contracts.

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Financial News Forex and Currency News

15 Nov

COT Speculators boosted Ultra 10-Year Treasury Notes & 2-Year bonds bets

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

Highlighting this week’s COT data for bonds were the gains in speculative bets for the Ultra 10-Year Notes and the 2-Year bond. These two markets each rose by over +46,000 net positions this week and led the weekly net changes for all the markets we cover. These two markets are also in extreme bullish positions for the speculator strength indexes with the 2-Year bond at an 88.6 percent score while the Ultra 10-Year is at an 81.1 percent score. The strength index weighs the current position against the past three years with extreme scores above 80 (bullish) and below 20 (bearish).

Data Snapshot of Bond Market Traders | Columns Legend

Nov-09-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
Eurodollar	12,396,094	63	-971,910	31	1,331,314	65	-359,404	56
FedFunds	1,157,278	14	-67,949	31	77,176	69	-9,227	45
2-Year	2,013,763	9	-16,737	89	68,313	31	-51,576	1
Long T-Bond	1,206,593	50	-28,072	83	10,259	23	17,813	67
10-Year	3,883,483	56	-267,332	31	572,247	96	-304,915	8
5-Year	3,600,589	26	-407,485	8	637,634	100	-230,149	8

3-Month Eurodollars Futures:

The 3-Month Eurodollars large speculator standing this week recorded a net position of -971,910 contracts in the data reported through Tuesday. This was a weekly boost of 21,463 contracts from the previous week which had a total of -993,373 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 31.2 percent. The commercials are Bullish with a score of 65.1 percent and the small traders (not shown in chart) are Bullish with a score of 55.9 percent.

3-Month Eurodollars Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	12.8	66.8	4.0
– Percent of Open Interest Shorts:	20.6	56.0	6.9
– Net Position:	-971,910	1,331,314	-359,404
– Gross Longs:	1,581,479	8,275,703	492,587
– Gross Shorts:	2,553,389	6,944,389	851,991
– Long to Short Ratio:	0.6 to 1	1.2 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	31.2	65.1	55.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-1.5	3.8	-18.0

30-Day Federal Funds Futures:

The 30-Day Federal Funds large speculator standing this week recorded a net position of -67,949 contracts in the data reported through Tuesday. This was a weekly decline of -5,481 contracts from the previous week which had a total of -62,468 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 31.2 percent. The commercials are Bullish with a score of 69.3 percent and the small traders (not shown in chart) are Bearish with a score of 45.4 percent.

30-Day Federal Funds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	4.2	81.5	2.0
– Percent of Open Interest Shorts:	10.1	74.8	2.8
– Net Position:	-67,949	77,176	-9,227
– Gross Longs:	48,886	943,134	22,753
– Gross Shorts:	116,835	865,958	31,980
– Long to Short Ratio:	0.4 to 1	1.1 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	31.2	69.3	45.4
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	2.3	-2.7	6.2

2-Year Treasury Note Futures:

The 2-Year Treasury Note large speculator standing this week recorded a net position of -16,737 contracts in the data reported through Tuesday. This was a weekly gain of 46,371 contracts from the previous week which had a total of -63,108 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 88.6 percent. The commercials are Bearish with a score of 30.6 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 0.9 percent.

2-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	17.1	73.1	6.2
– Percent of Open Interest Shorts:	18.0	69.7	8.7
– Net Position:	-16,737	68,313	-51,576
– Gross Longs:	345,187	1,471,287	124,473
– Gross Shorts:	361,924	1,402,974	176,049
– Long to Short Ratio:	1.0 to 1	1.0 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	88.6	30.6	0.9
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	10.2	1.0	-29.0

5-Year Treasury Note Futures:

The 5-Year Treasury Note large speculator standing this week recorded a net position of -407,485 contracts in the data reported through Tuesday. This was a weekly decrease of -31,132 contracts from the previous week which had a total of -376,353 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 8.3 percent. The commercials are Bullish-Extreme with a score of 100.0 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 7.7 percent.

5-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	7.2	82.3	7.1
– Percent of Open Interest Shorts:	18.5	64.6	13.5
– Net Position:	-407,485	637,634	-230,149
– Gross Longs:	258,018	2,964,073	256,898
– Gross Shorts:	665,503	2,326,439	487,047
– Long to Short Ratio:	0.4 to 1	1.3 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	8.3	100.0	7.7
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-19.8	23.5	-20.8

10-Year Treasury Note Futures:

The 10-Year Treasury Note large speculator standing this week recorded a net position of -267,332 contracts in the data reported through Tuesday. This was a weekly increase of 1,337 contracts from the previous week which had a total of -268,669 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 30.9 percent. The commercials are Bullish-Extreme with a score of 95.7 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 7.7 percent.

10-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	12.7	76.6	7.8
– Percent of Open Interest Shorts:	19.5	61.9	15.7
– Net Position:	-267,332	572,247	-304,915
– Gross Longs:	491,821	2,976,174	303,939
– Gross Shorts:	759,153	2,403,927	608,854
– Long to Short Ratio:	0.6 to 1	1.2 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	30.9	95.7	7.7
– COT Index Reading (3 Year Range):	Bearish	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-69.1	58.6	-3.5

Ultra 10-Year Notes Futures:

The Ultra 10-Year Notes large speculator standing this week recorded a net position of 202,050 contracts in the data reported through Tuesday. This was a weekly increase of 48,567 contracts from the previous week which had a total of 153,483 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 81.1 percent. The commercials are Bearish with a score of 39.0 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 0.0 percent.

Ultra 10-Year Notes Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.0	71.0	6.6
– Percent of Open Interest Shorts:	9.5	72.2	17.9
– Net Position:	202,050	-18,901	-183,149
– Gross Longs:	355,010	1,147,620	105,943
– Gross Shorts:	152,960	1,166,521	289,092
– Long to Short Ratio:	2.3 to 1	1.0 to 1	0.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	81.1	39.0	0.0
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	33.3	-27.2	-18.5

US Treasury Bonds Futures:

The US Treasury Bonds large speculator standing this week recorded a net position of -28,072 contracts in the data reported through Tuesday. This was a weekly lift of 4,475 contracts from the previous week which had a total of -32,547 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 83.3 percent. The commercials are Bearish with a score of 23.4 percent and the small traders (not shown in chart) are Bullish with a score of 66.7 percent.

US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	11.0	71.6	15.5
– Percent of Open Interest Shorts:	13.3	70.7	14.0
– Net Position:	-28,072	10,259	17,813
– Gross Longs:	132,694	863,487	186,632
– Gross Shorts:	160,766	853,228	168,819
– Long to Short Ratio:	0.8 to 1	1.0 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	83.3	23.4	66.7
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	28.3	-27.7	6.5

Ultra US Treasury Bonds Futures:

The Ultra US Treasury Bonds large speculator standing this week recorded a net position of -300,782 contracts in the data reported through Tuesday. This was a weekly decrease of -8,171 contracts from the previous week which had a total of -292,611 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 62.5 percent. The commercials are Bullish with a score of 57.7 percent and the small traders (not shown in chart) are Bearish with a score of 34.8 percent.

Ultra US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	4.7	81.4	12.7
– Percent of Open Interest Shorts:	28.8	58.0	12.0
– Net Position:	-300,782	291,663	9,119
– Gross Longs:	58,213	1,013,082	157,838
– Gross Shorts:	358,995	721,419	148,719
– Long to Short Ratio:	0.2 to 1	1.4 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	62.5	57.7	34.8
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-0.4	-1.5	2.9

Article By InvestMacro – Receive our weekly COT Reports by Email

Bonds CountingPips Forex Blog Opinions

15 Nov

COT Speculators push their Gold bullish bets to 39-Week high

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

Highlighting this week’s COT data for the metals category is the gains in speculative bets for gold. Speculator positions jumped by over +35,000 net contracts on November 9th and marked the largest one-week increase of the past ninety weeks, dating back to February 2nd of 2020. Speculators have continued pushing their bullishness in the yellow shiny metal as bullish bets have now climbed higher for six consecutive weeks and the gold net positions have increased by a total of +81,782 contracts over that time-frame. The speculator gold standing is currently at the highest level of the past thirty-nine weeks, dating back to February 9th of this year.

Data Snapshot of Commodity Market Traders | Columns Legend

Nov-09-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
WTI Crude	2,081,385	22	421,312	46	-461,964	44	40,652	72
Gold	571,025	43	250,181	71	-275,489	30	25,308	42
Silver	144,370	11	36,915	59	-53,669	46	16,754	38
Copper	213,365	36	22,789	59	-33,194	37	10,405	85
Palladium	11,819	24	-2,954	2	3,003	97	-49	42
Platinum	57,866	18	17,630	28	-24,263	74	6,633	55
Natural Gas	1,305,687	45	-142,191	36	98,418	62	43,773	90
Brent	192,398	33	-11,851	100	7,567	0	4,284	82
Heating Oil	421,299	61	20,022	72	-42,921	26	22,899	78
Soybeans	644,317	9	27,584	37	9,085	68	-36,669	11
Corn	1,540,731	28	375,298	78	-320,877	26	-54,421	12
Coffee	312,143	67	60,820	93	-65,365	9	4,545	20
Sugar	897,739	22	212,031	80	-260,761	19	48,730	68
Wheat	405,438	37	19,203	63	-13,409	28	-5,794	74

Gold Comex Futures:

The Gold Comex Futures large speculator standing this week reached a net position of 250,181 contracts in the data reported through Tuesday. This was a weekly advance of 35,052 contracts from the previous week which had a total of 215,129 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 70.6 percent. The commercials are Bearish with a score of 29.8 percent and the small traders (not shown in chart) are Bearish with a score of 41.6 percent.

Gold Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	59.7	18.4	8.8
– Percent of Open Interest Shorts:	15.9	66.7	4.3
– Net Position:	250,181	-275,489	25,308
– Gross Longs:	341,111	105,197	50,094
– Gross Shorts:	90,930	380,686	24,786
– Long to Short Ratio:	3.8 to 1	0.3 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	70.6	29.8	41.6
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	23.2	-23.1	9.2

Silver Comex Futures:

The Silver Comex Futures large speculator standing this week reached a net position of 36,915 contracts in the data reported through Tuesday. This was a weekly rise of 3,800 contracts from the previous week which had a total of 33,115 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 59.2 percent. The commercials are Bearish with a score of 46.2 percent and the small traders (not shown in chart) are Bearish with a score of 38.2 percent.

Silver Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	45.0	30.3	19.7
– Percent of Open Interest Shorts:	19.5	67.5	8.1
– Net Position:	36,915	-53,669	16,754
– Gross Longs:	65,013	43,811	28,432
– Gross Shorts:	28,098	97,480	11,678
– Long to Short Ratio:	2.3 to 1	0.4 to 1	2.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	59.2	46.2	38.2
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	20.2	-24.6	29.0

Copper Grade #1 Futures:

The Copper Grade #1 Futures large speculator standing this week reached a net position of 22,789 contracts in the data reported through Tuesday. This was a weekly decline of -9,546 contracts from the previous week which had a total of 32,335 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 58.8 percent. The commercials are Bearish with a score of 36.6 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 85.5 percent.

Copper Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	38.8	38.6	10.0
– Percent of Open Interest Shorts:	28.1	54.2	5.1
– Net Position:	22,789	-33,194	10,405
– Gross Longs:	82,781	82,413	21,232
– Gross Shorts:	59,992	115,607	10,827
– Long to Short Ratio:	1.4 to 1	0.7 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	58.8	36.6	85.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	3.0	-7.9	42.0

Platinum Futures:

The Platinum Futures large speculator standing this week reached a net position of 17,630 contracts in the data reported through Tuesday. This was a weekly rise of 2,266 contracts from the previous week which had a total of 15,364 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 27.8 percent. The commercials are Bullish with a score of 74.3 percent and the small traders (not shown in chart) are Bullish with a score of 54.6 percent.

Platinum Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	52.3	28.0	15.9
– Percent of Open Interest Shorts:	21.8	69.9	4.5
– Net Position:	17,630	-24,263	6,633
– Gross Longs:	30,260	16,202	9,224
– Gross Shorts:	12,630	40,465	2,591
– Long to Short Ratio:	2.4 to 1	0.4 to 1	3.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	27.8	74.3	54.6
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	17.3	-20.2	29.4

Palladium Futures:

The Palladium Futures large speculator standing this week reached a net position of -2,954 contracts in the data reported through Tuesday. This was a weekly lift of 437 contracts from the previous week which had a total of -3,391 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 2.4 percent. The commercials are Bullish-Extreme with a score of 96.8 percent and the small traders (not shown in chart) are Bearish with a score of 41.8 percent.

Palladium Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.9	50.4	12.1
– Percent of Open Interest Shorts:	47.8	25.0	12.5
– Net Position:	-2,954	3,003	-49
– Gross Longs:	2,701	5,961	1,425
– Gross Shorts:	5,655	2,958	1,474
– Long to Short Ratio:	0.5 to 1	2.0 to 1	1.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	2.4	96.8	41.8
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	1.6	-3.2	18.6

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Metals Opinions

15 Nov

COT Speculators continue to improve their Brent Crude Oil bets

Highlighting the latest COT Energy data is the rising position of the Brent Oil (Last Day) bets. Brent speculative positions have been steadily improving in the past two months and have now gained for six consecutive weeks. The speculative positions for Brent historically are usually bearish and the net position has continually remained in a bearish overall standing since 2013. The speculator betting is currently trending closer to the neutral zone with the net position at just -11,851 contracts. This latest standing for Brent crude bets puts the positioning at their best level of the past 159 weeks, dating all the way back to October 30th of 2018.

Data Snapshot of Commodity Market Traders | Columns Legend

Nov-09-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
WTI Crude	2,081,385	22	421,312	46	-461,964	44	40,652	72
Gold	571,025	43	250,181	71	-275,489	30	25,308	42
Silver	144,370	11	36,915	59	-53,669	46	16,754	38
Copper	213,365	36	22,789	59	-33,194	37	10,405	85
Palladium	11,819	24	-2,954	2	3,003	97	-49	42
Platinum	57,866	18	17,630	28	-24,263	74	6,633	55
Natural Gas	1,305,687	45	-142,191	36	98,418	62	43,773	90
Brent	192,398	33	-11,851	100	7,567	0	4,284	82
Heating Oil	421,299	61	20,022	72	-42,921	26	22,899	78
Soybeans	644,317	9	27,584	37	9,085	68	-36,669	11
Corn	1,540,731	28	375,298	78	-320,877	26	-54,421	12
Coffee	312,143	67	60,820	93	-65,365	9	4,545	20
Sugar	897,739	22	212,031	80	-260,761	19	48,730	68
Wheat	405,438	37	19,203	63	-13,409	28	-5,794	74

WTI Crude Oil Futures:

The WTI Crude Oil Futures large speculator standing this week equaled a net position of 421,312 contracts in the data reported through Tuesday. This was a weekly rise of 2,019 contracts from the previous week which had a total of 419,293 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 46.2 percent. The commercials are Bearish with a score of 44.0 percent and the small traders (not shown in chart) are Bullish with a score of 72.3 percent.

WTI Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	26.5	33.9	4.6
– Percent of Open Interest Shorts:	6.3	56.1	2.6
– Net Position:	421,312	-461,964	40,652
– Gross Longs:	552,579	705,286	95,755
– Gross Shorts:	131,267	1,167,250	55,103
– Long to Short Ratio:	4.2 to 1	0.6 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	46.2	44.0	72.3
– COT Index Reading (3 Year Range):	Bearish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	15.2	-12.9	-6.2

Brent Crude Oil Futures:

The Brent Crude Oil Futures large speculator standing this week equaled a net position of -11,851 contracts in the data reported through Tuesday. This was a weekly gain of 863 contracts from the previous week which had a total of -12,714 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 100.0 percent. The commercials are Bearish-Extreme with a score of 0.0 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 82.2 percent.

Brent Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	24.9	39.4	3.9
– Percent of Open Interest Shorts:	31.1	35.5	1.7
– Net Position:	-11,851	7,567	4,284
– Gross Longs:	47,922	75,867	7,540
– Gross Shorts:	59,773	68,300	3,256
– Long to Short Ratio:	0.8 to 1	1.1 to 1	2.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	100.0	0.0	82.2
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	54.3	-51.7	-2.4

Natural Gas Futures:

The Natural Gas Futures large speculator standing this week equaled a net position of -142,191 contracts in the data reported through Tuesday. This was a weekly decrease of -4,478 contracts from the previous week which had a total of -137,713 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 35.9 percent. The commercials are Bullish with a score of 61.9 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 89.8 percent.

Natural Gas Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	19.4	43.4	5.2
– Percent of Open Interest Shorts:	30.3	35.9	1.9
– Net Position:	-142,191	98,418	43,773
– Gross Longs:	253,588	566,746	67,961
– Gross Shorts:	395,779	468,328	24,188
– Long to Short Ratio:	0.6 to 1	1.2 to 1	2.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	35.9	61.9	89.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	1.4	-2.4	7.7

Gasoline Blendstock Futures:

The Gasoline Blendstock Futures large speculator standing this week equaled a net position of 45,069 contracts in the data reported through Tuesday. This was a weekly reduction of -4,628 contracts from the previous week which had a total of 49,697 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 16.0 percent. The commercials are Bullish-Extreme with a score of 83.1 percent and the small traders (not shown in chart) are Bullish with a score of 64.3 percent.

Nasdaq Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	32.6	45.9	7.3
– Percent of Open Interest Shorts:	17.9	63.4	4.4
– Net Position:	45,069	-53,896	8,827
– Gross Longs:	100,218	141,151	22,325
– Gross Shorts:	55,149	195,047	13,498
– Long to Short Ratio:	1.8 to 1	0.7 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	16.0	83.1	64.3
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	1.9	-3.2	7.9

#2 Heating Oil NY-Harbor Futures:

The #2 Heating Oil NY-Harbor Futures large speculator standing this week equaled a net position of 20,022 contracts in the data reported through Tuesday. This was a weekly decline of -2,362 contracts from the previous week which had a total of 22,384 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 71.9 percent. The commercials are Bearish with a score of 25.5 percent and the small traders (not shown in chart) are Bullish with a score of 77.7 percent.

Heating Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	12.9	54.5	11.1
– Percent of Open Interest Shorts:	8.1	64.7	5.7
– Net Position:	20,022	-42,921	22,899
– Gross Longs:	54,200	229,756	46,970
– Gross Shorts:	34,178	272,677	24,071
– Long to Short Ratio:	1.6 to 1	0.8 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	71.9	25.5	77.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-24.4	18.6	-3.0

Bloomberg Commodity Index Futures:

The Bloomberg Commodity Index Futures large speculator standing this week equaled a net position of -14,191 contracts in the data reported through Tuesday. This was a weekly decrease of -45 contracts from the previous week which had a total of -14,146 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 34.7 percent. The commercials are Bullish with a score of 64.3 percent and the small traders (not shown in chart) are Bullish with a score of 55.1 percent.

Bloomberg Index Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	53.8	39.7	2.0
– Percent of Open Interest Shorts:	90.1	5.2	0.2
– Net Position:	-14,191	13,490	701
– Gross Longs:	21,027	15,506	769
– Gross Shorts:	35,218	2,016	68
– Long to Short Ratio:	0.6 to 1	7.7 to 1	11.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	34.7	64.3	55.1
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-11.4	10.8	11.5

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Energy Opinions

15 Nov

COT Soft Commodities Charts: Speculators keep Cotton, Coffee & Sugar bets strongly bullish

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

Highlighting this week’s COT data for Soft Commodities is the continued strength of Coffee, Cotton and Sugar. All three of these markets remain in very bullish territory for speculators and are over the extreme strength index reading of 80+ percent each. Coffee and Cotton have been having great runs in price as their ETF prices have risen by 41 and 36 percent, respectively over the past 90 days. Sugar has been not quite as hot with a 90-day gain of 16.53 percent.

Data Snapshot of Commodity Market Traders | Columns Legend

Nov-09-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
WTI Crude	2,081,385	22	421,312	46	-461,964	44	40,652	72
Gold	571,025	43	250,181	71	-275,489	30	25,308	42
Silver	144,370	11	36,915	59	-53,669	46	16,754	38
Copper	213,365	36	22,789	59	-33,194	37	10,405	85
Palladium	11,819	24	-2,954	2	3,003	97	-49	42
Platinum	57,866	18	17,630	28	-24,263	74	6,633	55
Natural Gas	1,305,687	45	-142,191	36	98,418	62	43,773	90
Brent	192,398	33	-11,851	100	7,567	0	4,284	82
Heating Oil	421,299	61	20,022	72	-42,921	26	22,899	78
Soybeans	644,317	9	27,584	37	9,085	68	-36,669	11
Corn	1,540,731	28	375,298	78	-320,877	26	-54,421	12
Coffee	312,143	67	60,820	93	-65,365	9	4,545	20
Sugar	897,739	22	212,031	80	-260,761	19	48,730	68
Wheat	405,438	37	19,203	63	-13,409	28	-5,794	74

CORN Futures:

The CORN large speculator standing this week totaled a net position of 375,298 contracts in the data reported through Tuesday. This was a weekly decline of -7,811 contracts from the previous week which had a total of 383,109 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 78.0 percent. The commercials are Bearish with a score of 26.2 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 11.7 percent.

CORN Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	30.9	45.8	9.0
– Percent of Open Interest Shorts:	6.6	66.7	12.5
– Net Position:	375,298	-320,877	-54,421
– Gross Longs:	476,313	706,074	138,767
– Gross Shorts:	101,015	1,026,951	193,188
– Long to Short Ratio:	4.7 to 1	0.7 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	78.0	26.2	11.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	12.4	-15.1	5.2

SUGAR Futures:

The SUGAR large speculator standing this week totaled a net position of 212,031 contracts in the data reported through Tuesday. This was a weekly increase of 2,970 contracts from the previous week which had a total of 209,061 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 80.2 percent. The commercials are Bearish-Extreme with a score of 18.7 percent and the small traders (not shown in chart) are Bullish with a score of 68.1 percent.

SUGAR Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	29.9	43.7	11.0
– Percent of Open Interest Shorts:	6.3	72.8	5.6
– Net Position:	212,031	-260,761	48,730
– Gross Longs:	268,559	392,370	98,602
– Gross Shorts:	56,528	653,131	49,872
– Long to Short Ratio:	4.8 to 1	0.6 to 1	2.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	80.2	18.7	68.1
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-7.6	5.9	7.3

COFFEE Futures:

The COFFEE large speculator standing this week totaled a net position of 60,820 contracts in the data reported through Tuesday. This was a weekly lowering of -3,533 contracts from the previous week which had a total of 64,353 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 92.8 percent. The commercials are Bearish-Extreme with a score of 8.6 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 19.8 percent.

COFFEE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	25.1	44.1	4.0
– Percent of Open Interest Shorts:	5.6	65.1	2.6
– Net Position:	60,820	-65,365	4,545
– Gross Longs:	78,364	137,701	12,604
– Gross Shorts:	17,544	203,066	8,059
– Long to Short Ratio:	4.5 to 1	0.7 to 1	1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	92.8	8.6	19.8
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-3.5	4.2	-3.8

SOYBEANS Futures:

The SOYBEANS large speculator standing this week totaled a net position of 27,584 contracts in the data reported through Tuesday. This was a weekly decline of -31,172 contracts from the previous week which had a total of 58,756 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 37.2 percent. The commercials are Bullish with a score of 68.0 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 10.8 percent.

SOYBEANS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	19.2	59.0	7.2
– Percent of Open Interest Shorts:	14.9	57.6	12.9
– Net Position:	27,584	9,085	-36,669
– Gross Longs:	123,904	379,918	46,176
– Gross Shorts:	96,320	370,833	82,845
– Long to Short Ratio:	1.3 to 1	1.0 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	37.2	68.0	10.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-9.2	12.2	-24.1

SOYBEAN OIL Futures:

The SOYBEAN OIL large speculator standing this week totaled a net position of 78,712 contracts in the data reported through Tuesday. This was a weekly decrease of -12,419 contracts from the previous week which had a total of 91,131 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 66.3 percent. The commercials are Bearish with a score of 37.6 percent and the small traders (not shown in chart) are Bearish with a score of 34.3 percent.

SOYBEAN OIL Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	27.1	48.7	6.6
– Percent of Open Interest Shorts:	8.6	68.6	5.3
– Net Position:	78,712	-84,310	5,598
– Gross Longs:	115,011	206,289	28,073
– Gross Shorts:	36,299	290,599	22,475
– Long to Short Ratio:	3.2 to 1	0.7 to 1	1.2 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	66.3	37.6	34.3
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	14.9	-14.0	1.8

SOYBEAN MEAL Futures:

The SOYBEAN MEAL large speculator standing this week totaled a net position of 45,635 contracts in the data reported through Tuesday. This was a weekly rise of 14,864 contracts from the previous week which had a total of 30,771 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 55.5 percent. The commercials are Bearish with a score of 41.9 percent and the small traders (not shown in chart) are Bullish with a score of 70.9 percent.

SOYBEAN MEAL Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.2	45.2	12.1
– Percent of Open Interest Shorts:	12.1	60.9	6.6
– Net Position:	45,635	-70,647	25,012
– Gross Longs:	100,078	203,931	54,716
– Gross Shorts:	54,443	274,578	29,704
– Long to Short Ratio:	1.8 to 1	0.7 to 1	1.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	55.5	41.9	70.9
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	18.6	-22.7	34.2

LIVE CATTLE Futures:

The LIVE CATTLE large speculator standing this week totaled a net position of 49,203 contracts in the data reported through Tuesday. This was a weekly lift of 7,309 contracts from the previous week which had a total of 41,894 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 22.0 percent. The commercials are Bullish with a score of 74.0 percent and the small traders (not shown in chart) are Bullish with a score of 67.8 percent.

LIVE CATTLE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	33.0	40.6	10.3
– Percent of Open Interest Shorts:	16.2	54.7	13.0
– Net Position:	49,203	-41,274	-7,929
– Gross Longs:	96,637	118,856	30,161
– Gross Shorts:	47,434	160,130	38,090
– Long to Short Ratio:	2.0 to 1	0.7 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	22.0	74.0	67.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	6.1	-6.2	-3.7

LEAN HOGS Futures:

The LEAN HOGS large speculator standing this week totaled a net position of 44,937 contracts in the data reported through Tuesday. This was a weekly decrease of -1,028 contracts from the previous week which had a total of 45,965 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 57.4 percent. The commercials are Bullish with a score of 53.2 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 5.6 percent.

LEAN HOGS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	37.7	34.0	7.3
– Percent of Open Interest Shorts:	17.9	46.7	14.4
– Net Position:	44,937	-28,767	-16,170
– Gross Longs:	85,588	77,199	16,461
– Gross Shorts:	40,651	105,966	32,631
– Long to Short Ratio:	2.1 to 1	0.7 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	57.4	53.2	5.6
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-20.0	23.0	-12.2

COTTON Futures:

The COTTON large speculator standing this week totaled a net position of 103,513 contracts in the data reported through Tuesday. This was a weekly decline of -40 contracts from the previous week which had a total of 103,553 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 88.7 percent. The commercials are Bearish-Extreme with a score of 9.4 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 99.8 percent.

COTTON Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	40.7	38.2	8.0
– Percent of Open Interest Shorts:	4.4	79.3	3.1
– Net Position:	103,513	-117,333	13,820
– Gross Longs:	116,142	108,838	22,797
– Gross Shorts:	12,629	226,171	8,977
– Long to Short Ratio:	9.2 to 1	0.5 to 1	2.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	88.7	9.4	99.8
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-8.1	5.7	18.0

COCOA Futures:

The COCOA large speculator standing this week totaled a net position of -4,621 contracts in the data reported through Tuesday. This was a weekly decrease of -20,695 contracts from the previous week which had a total of 16,074 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 19.1 percent. The commercials are Bullish-Extreme with a score of 80.2 percent and the small traders (not shown in chart) are Bearish with a score of 44.7 percent.

COCOA Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	24.0	57.8	4.9
– Percent of Open Interest Shorts:	26.0	57.2	3.6
– Net Position:	-4,621	1,434	3,187
– Gross Longs:	57,241	137,758	11,777
– Gross Shorts:	61,862	136,324	8,590
– Long to Short Ratio:	0.9 to 1	1.0 to 1	1.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	19.1	80.2	44.7
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-26.4	24.7	14.4

WHEAT Futures:

The WHEAT large speculator standing this week totaled a net position of 19,203 contracts in the data reported through Tuesday. This was a weekly lift of 1,307 contracts from the previous week which had a total of 17,896 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 63.4 percent. The commercials are Bearish with a score of 27.8 percent and the small traders (not shown in chart) are Bullish with a score of 73.9 percent.

WHEAT Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	29.0	34.4	8.7
– Percent of Open Interest Shorts:	24.2	37.7	10.2
– Net Position:	19,203	-13,409	-5,794
– Gross Longs:	117,465	139,289	35,456
– Gross Shorts:	98,262	152,698	41,250
– Long to Short Ratio:	1.2 to 1	0.9 to 1	0.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	63.4	27.8	73.9
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	19.5	-24.2	9.8

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Opinions Soft Commodities

06 Nov

COT Currency Charts: Speculators push New Zealand Dollar bets to 34-Week High

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

The latest COT data is updated through Tuesday November 2nd 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the euro will decline versus the dollar.

Highlighting this week’s COT Currency data is the speculator’s boost of their New Zealand dollar bets. Speculator net positions for the NZD increased for a second consecutive week this week and for the seventh time out of the past nine weeks (9-week total of +16,002 contracts). This recent bullishness has brought the net speculator positions to over +13,000 contracts which is the highest level in the past thirty-four weeks, dating back to March 9th. NZD positions had been in negative or bearish territory as recently as August 31st before this recent bullishness propelled them higher.

Data Snapshot of Forex Market Traders | Columns Legend

Nov-02-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
USD Index	57,947	85	34,982	86	-42,053	5	7,071	94
EUR	678,024	75	-6,138	33	-22,728	69	28,866	26
GBP	166,780	18	15,047	85	-11,732	23	-3,315	49
JPY	251,058	89	-107,624	1	126,005	99	-18,381	12
CHF	51,613	30	-20,648	34	25,497	60	-4,849	49
CAD	156,194	34	4,162	58	-27,441	34	23,279	82
AUD	162,888	54	-75,496	14	73,970	74	1,526	56
NZD	45,436	35	13,861	95	-16,625	5	2,764	83
MXN	167,676	32	-51,018	0	48,795	100	2,223	52
RUB	61,601	73	19,982	61	-21,882	35	1,900	86
BRL	31,674	33	-14,272	50	14,357	53	-85	66
Bitcoin	13,512	77	-1,612	66	421	0	1,191	25

US Dollar Index Futures:

The US Dollar Index large speculator standing this week totaled a net position of 34,982 contracts in the data reported through Tuesday. This was a weekly advance of 525 contracts from the previous week which had a total of 34,457 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 86.1 percent. The commercials are Bearish-Extreme with a score of 4.7 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 93.9 percent.

US DOLLAR INDEX Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	78.3	3.3	15.2
– Percent of Open Interest Shorts:	18.0	75.9	3.0
– Net Position:	34,982	-42,053	7,071
– Gross Longs:	45,395	1,911	8,799
– Gross Shorts:	10,413	43,964	1,728
– Long to Short Ratio:	4.4 to 1	0.0 to 1	5.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	86.1	4.7	93.9
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	17.0	-19.4	19.4

Euro Currency Futures:

The Euro Currency large speculator standing this week totaled a net position of -6,138 contracts in the data reported through Tuesday. This was a weekly advance of 5,118 contracts from the previous week which had a total of -11,256 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 33.1 percent. The commercials are Bullish with a score of 69.3 percent and the small traders (not shown in chart) are Bearish with a score of 25.7 percent.

EURO Currency Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.2	57.9	12.4
– Percent of Open Interest Shorts:	29.1	61.3	8.2
– Net Position:	-6,138	-22,728	28,866
– Gross Longs:	191,496	392,882	84,160
– Gross Shorts:	197,634	415,610	55,294
– Long to Short Ratio:	1.0 to 1	0.9 to 1	1.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	33.1	69.3	25.7
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-5.6	6.1	-5.2

British Pound Sterling Futures:

The British Pound Sterling large speculator standing this week totaled a net position of 15,047 contracts in the data reported through Tuesday. This was a weekly boost of 94 contracts from the previous week which had a total of 14,953 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 84.8 percent. The commercials are Bearish with a score of 22.7 percent and the small traders (not shown in chart) are Bearish with a score of 48.8 percent.

BRITISH POUND Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	34.3	47.0	16.4
– Percent of Open Interest Shorts:	25.3	54.1	18.4
– Net Position:	15,047	-11,732	-3,315
– Gross Longs:	57,255	78,420	27,293
– Gross Shorts:	42,208	90,152	30,608
– Long to Short Ratio:	1.4 to 1	0.9 to 1	0.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	84.8	22.7	48.8
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	11.0	-7.6	-5.1

Japanese Yen Futures:

The Japanese Yen large speculator standing this week totaled a net position of -107,624 contracts in the data reported through Tuesday. This was a weekly lowering of -588 contracts from the previous week which had a total of -107,036 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 1.3 percent. The commercials are Bullish-Extreme with a score of 98.7 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 12.1 percent.

JAPANESE YEN Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	8.1	82.7	8.3
– Percent of Open Interest Shorts:	51.0	32.5	15.7
– Net Position:	-107,624	126,005	-18,381
– Gross Longs:	20,337	207,612	20,944
– Gross Shorts:	127,961	81,607	39,325
– Long to Short Ratio:	0.2 to 1	2.5 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	1.3	98.7	12.1
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-32.2	29.5	-16.7

Swiss Franc Futures:

The Swiss Franc large speculator standing this week totaled a net position of -20,648 contracts in the data reported through Tuesday. This was a weekly lowering of -1,269 contracts from the previous week which had a total of -19,379 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 33.9 percent. The commercials are Bullish with a score of 59.6 percent and the small traders (not shown in chart) are Bearish with a score of 49.0 percent.

SWISS FRANC Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	2.8	70.6	26.1
– Percent of Open Interest Shorts:	42.8	21.2	35.5
– Net Position:	-20,648	25,497	-4,849
– Gross Longs:	1,439	36,456	13,485
– Gross Shorts:	22,087	10,959	18,334
– Long to Short Ratio:	0.1 to 1	3.3 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	33.9	59.6	49.0
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-20.0	1.1	30.6

Canadian Dollar Futures:

The Canadian Dollar large speculator standing this week totaled a net position of 4,162 contracts in the data reported through Tuesday. This was a weekly rise of 842 contracts from the previous week which had a total of 3,320 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 58.5 percent. The commercials are Bearish with a score of 34.5 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 81.9 percent.

CANADIAN DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	26.9	43.9	28.2
– Percent of Open Interest Shorts:	24.2	61.5	13.3
– Net Position:	4,162	-27,441	23,279
– Gross Longs:	42,037	68,542	44,037
– Gross Shorts:	37,875	95,983	20,758
– Long to Short Ratio:	1.1 to 1	0.7 to 1	2.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	58.5	34.5	81.9
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	26.7	-29.0	21.5

Australian Dollar Futures:

The Australian Dollar large speculator standing this week totaled a net position of -75,496 contracts in the data reported through Tuesday. This was a weekly reduction of -250 contracts from the previous week which had a total of -75,246 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 13.6 percent. The commercials are Bullish with a score of 74.1 percent and the small traders (not shown in chart) are Bullish with a score of 56.2 percent.

AUSTRALIAN DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	11.8	71.5	15.8
– Percent of Open Interest Shorts:	58.1	26.1	14.9
– Net Position:	-75,496	73,970	1,526
– Gross Longs:	19,187	116,464	25,749
– Gross Shorts:	94,683	42,494	24,223
– Long to Short Ratio:	0.2 to 1	2.7 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	13.6	74.1	56.2
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	9.5	-21.2	44.5

New Zealand Dollar Futures:

The New Zealand Dollar large speculator standing this week totaled a net position of 13,861 contracts in the data reported through Tuesday. This was a weekly gain of 4,955 contracts from the previous week which had a total of 8,906 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 94.5 percent. The commercials are Bearish-Extreme with a score of 4.8 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 83.5 percent.

NEW ZEALAND DOLLAR Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	60.5	23.5	13.0
– Percent of Open Interest Shorts:	30.0	60.0	6.9
– Net Position:	13,861	-16,625	2,764
– Gross Longs:	27,504	10,659	5,893
– Gross Shorts:	13,643	27,284	3,129
– Long to Short Ratio:	2.0 to 1	0.4 to 1	1.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	94.5	4.8	83.5
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	9.7	-11.4	18.8

Mexican Peso Futures:

The Mexican Peso large speculator standing this week totaled a net position of -51,018 contracts in the data reported through Tuesday. This was a weekly decrease of -7,729 contracts from the previous week which had a total of -43,289 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 0.0 percent. The commercials are Bullish-Extreme with a score of 100.0 percent and the small traders (not shown in chart) are Bullish with a score of 52.4 percent.

MEXICAN PESO Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	36.7	59.1	3.3
– Percent of Open Interest Shorts:	67.1	30.0	2.0
– Net Position:	-51,018	48,795	2,223
– Gross Longs:	61,553	99,034	5,560
– Gross Shorts:	112,571	50,239	3,337
– Long to Short Ratio:	0.5 to 1	2.0 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	0.0	100.0	52.4
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-14.5	15.0	-6.2

Brazilian Real Futures:

The Brazilian Real large speculator standing this week totaled a net position of -14,272 contracts in the data reported through Tuesday. This was a weekly lowering of -13,330 contracts from the previous week which had a total of -942 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 49.5 percent. The commercials are Bullish with a score of 52.6 percent and the small traders (not shown in chart) are Bullish with a score of 65.8 percent.

BRAZIL REAL Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.4	61.8	9.5
– Percent of Open Interest Shorts:	73.4	16.5	9.8
– Net Position:	-14,272	14,357	-85
– Gross Longs:	8,989	19,574	3,023
– Gross Shorts:	23,261	5,217	3,108
– Long to Short Ratio:	0.4 to 1	3.8 to 1	1.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	49.5	52.6	65.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-26.8	28.2	-13.3

Russian Ruble Futures:

The Russian Ruble large speculator standing this week totaled a net position of 19,982 contracts in the data reported through Tuesday. This was a weekly fall of -1,480 contracts from the previous week which had a total of 21,462 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 60.7 percent. The commercials are Bearish with a score of 35.4 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 86.2 percent.

RUSSIAN RUBLE Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	59.1	36.3	4.6
– Percent of Open Interest Shorts:	26.6	71.8	1.5
– Net Position:	19,982	-21,882	1,900
– Gross Longs:	36,389	22,369	2,843
– Gross Shorts:	16,407	44,251	943
– Long to Short Ratio:	2.2 to 1	0.5 to 1	3.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	60.7	35.4	86.2
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	4.1	-4.9	10.2

Bitcoin Futures:

The Bitcoin large speculator standing this week totaled a net position of -1,612 contracts in the data reported through Tuesday. This was a weekly increase of 2,800 contracts from the previous week which had a total of -4,412 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 65.6 percent. The commercials are Bullish with a score of 78.2 percent and the small traders (not shown in chart) are Bearish with a score of 24.9 percent.

BITCOIN Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	67.1	5.4	14.4
– Percent of Open Interest Shorts:	79.0	2.3	5.6
– Net Position:	-1,612	421	1,191
– Gross Longs:	9,062	727	1,943
– Gross Shorts:	10,674	306	752
– Long to Short Ratio:	0.8 to 1	2.4 to 1	2.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	65.6	78.2	24.9
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-13.7	41.6	5.5

Article By InvestMacro – Receive our weekly COT Reports by Email

CountingPips Forex Blog Forex and Currency News investing Opinions

06 Nov

COT Bonds Futures Charts: 2-Year & Long Treasury Notes see Speculator bets rise this week

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

Highlighting this week’s COT Bonds data is the general rise in speculator positions among a few of the bond market symbols while other symbols fell sharply. This week has seen the 2-Year bond speculators boost their net positions by +49,210 contracts while the Ultra Long US Treasury bond bets increased by 38,602 contracts and the Long US Treasury bond positions gained by 34,447 contracts this week. These were the second, third and fourth highest weekly changes for speculator positions this week. On the other side of the leaders were the Fed Funds, 5-Year, 10-Year and the Eurodollar markets which registered as the symbols with the largest speculator net decreases on the week.

Data Snapshot of Bond Market Traders | Columns Legend

Nov-02-2021	OI	OI-Index	Spec-Net	Spec-Index	Com-Net	COM-Index	Smalls-Net	Smalls-Index
Eurodollar	12,358,986	62	-993,373	31	1,355,371	64	-361,998	56
FedFunds	1,160,971	14	-62,468	32	74,234	69	-11,766	40
2-Year	2,052,533	11	-63,108	78	116,263	40	-53,155	0
Long T-Bond	1,158,749	42	-32,547	82	48,443	36	-15,896	40
10-Year	3,973,988	63	-268,669	31	606,611	100	-337,942	0
5-Year	3,568,732	24	-376,353	29	606,647	94	-230,294	8

3-Month Eurodollars Futures:

The 3-Month Eurodollars large speculator standing this week resulted in a net position of -993,373 contracts in the data reported through Tuesday. This was a weekly reduction of -268,380 contracts from the previous week which had a total of -724,993 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 31.2 percent. The commercials are Bullish with a score of 64.3 percent and the small traders (not shown in chart) are Bullish with a score of 55.9 percent.

3-Month Eurodollars Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	12.6	66.1	4.3
– Percent of Open Interest Shorts:	20.7	55.2	7.2
– Net Position:	-993,373	1,355,371	-361,998
– Gross Longs:	1,561,061	8,174,708	530,581
– Gross Shorts:	2,554,434	6,819,337	892,579
– Long to Short Ratio:	0.6 to 1	1.2 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	31.2	64.3	55.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-4.1	7.8	-30.5

30-Day Federal Funds Futures:

The 30-Day Federal Funds large speculator standing this week resulted in a net position of -62,468 contracts in the data reported through Tuesday. This was a weekly lowering of -17,877 contracts from the previous week which had a total of -44,591 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 31.9 percent. The commercials are Bullish with a score of 68.9 percent and the small traders (not shown in chart) are Bearish with a score of 39.9 percent.

30-Day Federal Funds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	4.4	80.7	2.0
– Percent of Open Interest Shorts:	9.7	74.3	3.0
– Net Position:	-62,468	74,234	-11,766
– Gross Longs:	50,587	937,379	23,576
– Gross Shorts:	113,055	863,145	35,342
– Long to Short Ratio:	0.4 to 1	1.1 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	31.9	68.9	39.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	2.9	-2.6	-4.4

2-Year Treasury Note Futures:

The 2-Year Treasury Note large speculator standing this week resulted in a net position of -63,108 contracts in the data reported through Tuesday. This was a weekly lift of 49,210 contracts from the previous week which had a total of -112,318 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 78.4 percent. The commercials are Bearish with a score of 39.8 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 0.0 percent.

2-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	16.0	74.1	6.2
– Percent of Open Interest Shorts:	19.1	68.5	8.8
– Net Position:	-63,108	116,263	-53,155
– Gross Longs:	329,143	1,521,704	127,629
– Gross Shorts:	392,251	1,405,441	180,784
– Long to Short Ratio:	0.8 to 1	1.1 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	78.4	39.8	0.0
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-7.2	19.9	-40.2

5-Year Treasury Note Futures:

The 5-Year Treasury Note large speculator standing this week resulted in a net position of -376,353 contracts in the data reported through Tuesday. This was a weekly lowering of -34,878 contracts from the previous week which had a total of -341,475 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 29.2 percent. The commercials are Bullish-Extreme with a score of 94.2 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 7.7 percent.

5-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	8.9	80.7	7.4
– Percent of Open Interest Shorts:	19.4	63.7	13.8
– Net Position:	-376,353	606,647	-230,294
– Gross Longs:	317,689	2,880,804	263,908
– Gross Shorts:	694,042	2,274,157	494,202
– Long to Short Ratio:	0.5 to 1	1.3 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	29.2	94.2	7.7
– COT Index Reading (3 Year Range):	Bearish	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-34.4	42.2	-28.3

10-Year Treasury Note Futures:

The 10-Year Treasury Note large speculator standing this week resulted in a net position of -268,669 contracts in the data reported through Tuesday. This was a weekly decrease of -153,824 contracts from the previous week which had a total of -114,845 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 30.7 percent. The commercials are Bullish-Extreme with a score of 100.0 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 0.0 percent.

10-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	12.5	76.8	7.4
– Percent of Open Interest Shorts:	19.2	61.6	15.9
– Net Position:	-268,669	606,611	-337,942
– Gross Longs:	496,137	3,052,628	294,092
– Gross Shorts:	764,806	2,446,017	632,034
– Long to Short Ratio:	0.6 to 1	1.2 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	30.7	100.0	0.0
– COT Index Reading (3 Year Range):	Bearish	Bullish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-50.8	55.4	-25.2

Ultra 10-Year Notes Futures:

The Ultra 10-Year Notes large speculator standing this week resulted in a net position of 153,483 contracts in the data reported through Tuesday. This was a weekly fall of -3,271 contracts from the previous week which had a total of 156,754 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 68.3 percent. The commercials are Bullish with a score of 50.8 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 2.4 percent.

Ultra 10-Year Notes Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	20.6	71.9	6.8
– Percent of Open Interest Shorts:	10.9	70.5	18.0
– Net Position:	153,483	23,194	-176,677
– Gross Longs:	325,104	1,136,251	107,890
– Gross Shorts:	171,621	1,113,057	284,567
– Long to Short Ratio:	1.9 to 1	1.0 to 1	0.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	68.3	50.8	2.4
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	17.8	-11.8	-16.2

US Treasury Bonds Futures:

The US Treasury Bonds large speculator standing this week resulted in a net position of -32,547 contracts in the data reported through Tuesday. This was a weekly increase of 34,447 contracts from the previous week which had a total of -66,994 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 81.7 percent. The commercials are Bearish with a score of 35.6 percent and the small traders (not shown in chart) are Bearish with a score of 40.0 percent.

US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	10.5	73.6	14.5
– Percent of Open Interest Shorts:	13.3	69.4	15.9
– Net Position:	-32,547	48,443	-15,896
– Gross Longs:	121,529	852,718	168,279
– Gross Shorts:	154,076	804,275	184,175
– Long to Short Ratio:	0.8 to 1	1.1 to 1	0.9 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	81.7	35.6	40.0
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	20.0	-8.9	-22.0

Ultra US Treasury Bonds Futures:

The Ultra US Treasury Bonds large speculator standing this week resulted in a net position of -292,611 contracts in the data reported through Tuesday. This was a weekly boost of 38,602 contracts from the previous week which had a total of -331,213 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 65.8 percent. The commercials are Bullish with a score of 53.6 percent and the small traders (not shown in chart) are Bearish with a score of 35.0 percent.

Ultra US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	3.9	82.5	12.7
– Percent of Open Interest Shorts:	28.0	59.2	12.0
– Net Position:	-292,611	283,250	9,361
– Gross Longs:	47,132	1,001,156	154,604
– Gross Shorts:	339,743	717,906	145,243
– Long to Short Ratio:	0.1 to 1	1.4 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	65.8	53.6	35.0
– COT Index Reading (3 Year Range):	Bullish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	0.9	3.1	-6.1

Article By InvestMacro – Receive our weekly COT Reports by Email

Bonds CountingPips Forex Blog Opinions

Risk Disclosure: Foreign Currency trading and trading on margin carries a high level of risk and can result in loss of part or all of your investment. Due to the level of risk and market volatility, Foreign Currency trading may not be suitable for all investors and you should not invest money you cannot afford to lose. Before deciding to invest in the foreign currency exchange market you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign currency exchange trading, and seek advice from an independent financial advisor should you have any doubts.

All information and opinions on this website are for general informational purposes only and do not constitute investment advice.