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COT Bonds Futures Charts: Fed Funds, 10-Year Treasuries, Ultra, Long Bonds, 3-Month Eurodollars

By CountingPips.com COT Home | Data Tables | Data Downloads | Newsletter

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 August 24 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

3-Month Eurodollars Futures:

The 3-Month Eurodollars large speculator standing this week equaled a net position of -702,015 contracts in the data reported through Tuesday. This was a weekly lowering of -78,587 contracts from the previous week which had a total of -623,428 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 42.7 percent. The commercials are Bullish with a score of 53.0 percent and the small traders (not shown in chart) are Bullish with a score of 75.8 percent.

3-Month Eurodollars Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	17.2	59.6	5.0
– Percent of Open Interest Shorts:	22.8	52.3	6.7
– Net Position:	-702,015	909,814	-207,799
– Gross Longs:	2,140,571	7,436,636	629,349
– Gross Shorts:	2,842,586	6,526,822	837,148
– Long to Short Ratio:	0.8 to 1	1.1 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	42.7	53.0	75.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	6.9	-7.2	5.9

30-Day Federal Funds Futures:

The 30-Day Federal Funds large speculator standing this week equaled a net position of -70,439 contracts in the data reported through Tuesday. This was a weekly increase of 12,650 contracts from the previous week which had a total of -83,089 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 with a score of 70.1 percent and the small traders (not shown in chart) are Bearish with a score of 45.5 percent.

30-Day Federal Funds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	6.0	75.5	2.1
– Percent of Open Interest Shorts:	12.7	67.4	3.5
– Net Position:	-70,439	84,483	-14,044
– Gross Longs:	62,457	788,837	22,378
– Gross Shorts:	132,896	704,354	36,422
– Long to Short Ratio:	0.5 to 1	1.1 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	30.9	70.1	45.5
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	13.6	-12.9	-8.3

2-Year Treasury Note Futures:

The 2-Year Treasury Note large speculator standing this week equaled a net position of -9,366 contracts in the data reported through Tuesday. This was a weekly reduction of -39,563 contracts from the previous week which had a total of 30,197 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 90.3 percent. The commercials are Bearish-Extreme with a score of 17.3 percent and the small traders (not shown in chart) are Bearish with a score of 35.0 percent.

2-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	18.5	67.3	7.6
– Percent of Open Interest Shorts:	18.9	67.3	7.1
– Net Position:	-9,366	-824	10,190
– Gross Longs:	379,752	1,381,496	156,602
– Gross Shorts:	389,118	1,382,320	146,412
– Long to Short Ratio:	1.0 to 1	1.0 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	90.3	17.3	35.0
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	27.0	-24.9	4.4

5-Year Treasury Note Futures:

The 5-Year Treasury Note large speculator standing this week equaled a net position of 95,201 contracts in the data reported through Tuesday. This was a weekly lift of 97,283 contracts from the previous week which had a total of -2,082 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 13.1 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 15.1 percent.

5-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	13.4	72.6	9.1
– Percent of Open Interest Shorts:	10.7	71.5	12.8
– Net Position:	95,201	37,665	-132,866
– Gross Longs:	481,119	2,610,347	327,344
– Gross Shorts:	385,918	2,572,682	460,210
– Long to Short Ratio:	1.2 to 1	1.0 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	100.0	13.1	15.1
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	28.6	-27.4	15.1

10-Year Treasury Note Futures:

The 10-Year Treasury Note large speculator standing this week equaled a net position of 113,312 contracts in the data reported through Tuesday. This was a weekly decrease of -31,904 contracts from the previous week which had a total of 145,216 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 93.5 percent. The commercials are Bearish with a score of 27.0 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 19.4 percent.

10-Year Treasury Note Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	21.2	67.0	9.2
– Percent of Open Interest Shorts:	18.4	64.7	14.2
– Net Position:	113,312	94,012	-207,324
– Gross Longs:	883,348	2,796,374	385,697
– Gross Shorts:	770,036	2,702,362	593,021
– Long to Short Ratio:	1.1 to 1	1.0 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	93.5	27.0	19.4
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	6.2	-8.7	8.8

Ultra 10-Year Notes Futures:

The Ultra 10-Year Notes large speculator standing this week equaled a net position of 81,912 contracts in the data reported through Tuesday. This was a weekly lowering of -7,871 contracts from the previous week which had a total of 89,783 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 49.4 percent. The commercials are Bullish with a score of 64.2 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 4.5 percent.

Ultra 10-Year Notes Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	13.1	67.9	8.2
– Percent of Open Interest Shorts:	8.2	63.7	17.4
– Net Position:	81,912	71,018	-152,930
– Gross Longs:	219,188	1,137,478	137,975
– Gross Shorts:	137,276	1,066,460	290,905
– Long to Short Ratio:	1.6 to 1	1.1 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	49.4	64.2	4.5
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-16.2	24.3	-19.1

US Treasury Bonds Futures:

The US Treasury Bonds large speculator standing this week equaled a net position of -99,332 contracts in the data reported through Tuesday. This was a weekly fall of -19,127 contracts from the previous week which had a total of -80,205 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 57.7 percent. The commercials are Bearish with a score of 45.2 percent and the small traders (not shown in chart) are Bullish with a score of 69.0 percent.

US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	10.1	72.2	15.6
– Percent of Open Interest Shorts:	17.9	66.0	14.0
– Net Position:	-99,332	78,597	20,735
– Gross Longs:	126,525	909,245	196,360
– Gross Shorts:	225,857	830,648	175,625
– Long to Short Ratio:	0.6 to 1	1.1 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	57.7	45.2	69.0
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-2.7	-0.3	6.7

Ultra US Treasury Bonds Futures:

The Ultra US Treasury Bonds large speculator standing this week equaled a net position of -253,970 contracts in the data reported through Tuesday. This was a weekly decrease of -6,623 contracts from the previous week which had a total of -247,347 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 81.6 percent. The commercials are Bearish with a score of 32.6 percent and the small traders (not shown in chart) are Bearish with a score of 37.8 percent.

Ultra US Treasury Bonds Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	9.1	73.8	12.3
– Percent of Open Interest Shorts:	28.2	55.7	11.3
– Net Position:	-253,970	240,631	13,339
– Gross Longs:	120,907	980,555	163,388
– Gross Shorts:	374,877	739,924	150,049
– Long to Short Ratio:	0.3 to 1	1.3 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	81.6	32.6	37.8
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-7.5	7.1	2.7

Article By CountingPips.com – 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).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

27 Aug

COT Futures Metals Charts: Comex Gold, Silver, Copper, Platinum & Palladium

By CountingPips.com COT Home | Data Tables | Data Downloads | Newsletter

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 August 24 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

Gold Comex Futures:

The Gold Comex Futures large speculator standing this week reached a net position of 210,653 contracts in the data reported through Tuesday. This was a weekly increase of 19,111 contracts from the previous week which had a total of 191,542 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 63.5 percent. The commercials are Bearish with a score of 36.7 percent and the small traders (not shown in chart) are Bearish with a score of 41.7 percent.

Gold Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	59.3	24.4	8.8
– Percent of Open Interest Shorts:	17.5	70.9	4.1
– Net Position:	210,653	-234,678	24,025
– Gross Longs:	299,084	123,101	44,517
– Gross Shorts:	88,431	357,779	20,492
– Long to Short Ratio:	3.4 to 1	0.3 to 1	2.2 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	63.5	36.7	41.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	5.1	-3.3	-15.1

Silver Comex Futures:

The Silver Comex Futures large speculator standing this week reached a net position of 21,861 contracts in the data reported through Tuesday. This was a weekly gain of 641 contracts from the previous week which had a total of 21,220 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 47.6 percent. The commercials are Bullish with a score of 56.0 percent and the small traders (not shown in chart) are Bearish with a score of 23.2 percent.

Silver Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	42.3	33.8	17.7
– Percent of Open Interest Shorts:	27.7	57.9	8.2
– Net Position:	21,861	-36,126	14,265
– Gross Longs:	63,311	50,674	26,586
– Gross Shorts:	41,450	86,800	12,321
– Long to Short Ratio:	1.5 to 1	0.6 to 1	2.2 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	47.6	56.0	23.2
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-20.4	21.4	-17.6

Copper Grade #1 Futures:

The Copper Grade #1 Futures large speculator standing this week reached a net position of 8,624 contracts in the data reported through Tuesday. This was a weekly fall of -11,456 contracts from the previous week which had a total of 20,080 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 48.6 percent. The commercials are Bullish with a score of 50.1 percent and the small traders (not shown in chart) are Bullish with a score of 54.1 percent.

Copper Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	38.3	44.3	8.3
– Percent of Open Interest Shorts:	33.8	51.4	5.7
– Net Position:	8,624	-13,610	4,986
– Gross Longs:	73,890	85,537	15,941
– Gross Shorts:	65,266	99,147	10,955
– Long to Short Ratio:	1.1 to 1	0.9 to 1	1.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	48.6	50.1	54.1
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-6.0	9.2	-29.0

Platinum Futures:

The Platinum Futures large speculator standing this week reached a net position of 9,143 contracts in the data reported through Tuesday. This was a weekly rise of 785 contracts from the previous week which had a total of 8,358 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 26.5 percent. The commercials are Bullish with a score of 74.3 percent and the small traders (not shown in chart) are Bearish with a score of 48.1 percent.

Platinum Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	51.8	30.4	15.3
– Percent of Open Interest Shorts:	37.4	54.4	5.7
– Net Position:	9,143	-15,311	6,168
– Gross Longs:	33,042	19,382	9,778
– Gross Shorts:	23,899	34,693	3,610
– Long to Short Ratio:	1.4 to 1	0.6 to 1	2.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	26.5	74.3	48.1
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-7.8	8.8	-13.5

Palladium Futures:

The Palladium Futures large speculator standing this week reached a net position of -366 contracts in the data reported through Tuesday. This was a weekly fall of -1,517 contracts from the previous week which had a total of 1,151 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 54.8 percent.

Palladium Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	33.5	48.9	15.8
– Percent of Open Interest Shorts:	37.5	46.8	13.9
– Net Position:	-366	194	172
– Gross Longs:	3,076	4,490	1,447
– Gross Shorts:	3,442	4,296	1,275
– Long to Short Ratio:	0.9 to 1	1.0 to 1	1.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	0.0	100.0	54.8
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-17.9	20.8	-27.7

Article By CountingPips.com – Receive our weekly COT Reports by Email

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

CountingPips Forex Blog Metals Opinions

27 Aug

COT Stock Market Charts: VIX, Dow, Nasdaq, SP500, Russell-2000, e-mini futures

By CountingPips.com COT Home | Data Tables | Data Downloads | Newsletter

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 August 24 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

VIX Volatility Futures:

The VIX Volatility large speculator standing this week was a net position of -73,149 contracts in the data reported through Tuesday. This was a weekly increase of 13,677 contracts from the previous week which had a total of -86,826 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 55.3 percent. The commercials are Bearish with a score of 45.8 percent and the small traders (not shown in chart) are Bearish with a score of 31.5 percent.

VIX Volatility Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	19.7	53.9	7.2
– Percent of Open Interest Shorts:	44.9	26.4	9.4
– Net Position:	-73,149	79,711	-6,562
– Gross Longs:	57,154	156,460	20,823
– Gross Shorts:	130,303	76,749	27,385
– Long to Short Ratio:	0.4 to 1	2.0 to 1	0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	55.3	45.8	31.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-4.5	3.9	4.9

S&P500 Mini Futures:

The S&P500 Mini large speculator standing this week was a net position of 14,893 contracts in the data reported through Tuesday. This was a weekly decline of -12,442 contracts from the previous week which had a total of 27,335 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 56.2 percent. The commercials are Bearish with a score of 43.3 percent and the small traders (not shown in chart) are Bearish with a score of 49.7 percent.

S&P500 Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	16.1	67.0	13.2
– Percent of Open Interest Shorts:	15.6	71.6	9.1
– Net Position:	14,893	-126,018	111,125
– Gross Longs:	443,206	1,839,234	360,974
– Gross Shorts:	428,313	1,965,252	249,849
– Long to Short Ratio:	1.0 to 1	0.9 to 1	1.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	56.2	43.3	49.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-10.7	-4.2	17.6

Dow Jones Mini Futures:

The Dow Jones Mini large speculator standing this week was a net position of -1,392 contracts in the data reported through Tuesday. This was a weekly lift of 2,554 contracts from the previous week which had a total of -3,946 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 32.8 percent. The commercials are Bullish with a score of 58.8 percent and the small traders (not shown in chart) are Bullish with a score of 75.4 percent.

Dow Jones Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	40.6	42.0	16.6
– Percent of Open Interest Shorts:	41.9	47.1	10.2
– Net Position:	-1,392	-5,514	6,906
– Gross Longs:	43,700	45,216	17,877
– Gross Shorts:	45,092	50,730	10,971
– Long to Short Ratio:	1.0 to 1	0.9 to 1	1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	32.8	58.8	75.4
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-12.7	12.8	-3.0

Nasdaq Mini Futures:

The Nasdaq Mini large speculator standing this week was a net position of -2,418 contracts in the data reported through Tuesday. This was a weekly boost of 19,510 contracts from the previous week which had a total of -21,928 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 73.7 percent. The commercials are Bearish with a score of 37.8 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 8.1 percent.

Nasdaq Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	28.7	54.1	15.1
– Percent of Open Interest Shorts:	29.8	46.0	22.1
– Net Position:	-2,418	18,408	-15,990
– Gross Longs:	65,165	122,913	34,185
– Gross Shorts:	67,583	104,505	50,175
– Long to Short Ratio:	1.0 to 1	1.2 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	73.7	37.8	8.1
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	1.0	-2.2	3.8

Russell 2000 Mini Futures:

The Russell 2000 Mini large speculator standing this week was a net position of -72,931 contracts in the data reported through Tuesday. This was a weekly decline of -8,244 contracts from the previous week which had a total of -64,687 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 10.7 percent. The commercials are Bullish-Extreme with a score of 87.7 percent and the small traders (not shown in chart) are Bearish with a score of 49.6 percent.

Russell 2000 Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	10.0	82.5	6.3
– Percent of Open Interest Shorts:	26.1	67.6	5.0
– Net Position:	-72,931	67,055	5,876
– Gross Longs:	45,019	372,578	28,544
– Gross Shorts:	117,950	305,523	22,668
– Long to Short Ratio:	0.4 to 1	1.2 to 1	1.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	10.7	87.7	49.6
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-20.3	20.2	-3.9

Nikkei Stock Average (USD) Futures:

The Nikkei Stock Average (USD) large speculator standing this week was a net position of -4,089 contracts in the data reported through Tuesday. This was a weekly advance of 1,863 contracts from the previous week which had a total of -5,952 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 40.0 percent. The commercials are Bullish with a score of 72.8 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 4.9 percent.

Nikkei Stock Average Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	13.0	56.0	25.9
– Percent of Open Interest Shorts:	34.6	25.5	34.9
– Net Position:	-4,089	5,795	-1,706
– Gross Longs:	2,465	10,623	4,914
– Gross Shorts:	6,554	4,828	6,620
– Long to Short Ratio:	0.4 to 1	2.2 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	40.0	72.8	4.9
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	0.5	-1.2	2.5

MSCI EAFE Mini Futures:

The MSCI EAFE Mini large speculator standing this week was a net position of 32,452 contracts in the data reported through Tuesday. This was a weekly gain of 4,732 contracts from the previous week which had a total of 27,720 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 38.7 percent and the small traders (not shown in chart) are Bearish with a score of 43.7 percent.

MSCI EAFE Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	11.0	86.4	2.3
– Percent of Open Interest Shorts:	3.3	94.8	1.6
– Net Position:	32,452	-35,526	3,074
– Gross Longs:	46,239	362,474	9,800
– Gross Shorts:	13,787	398,000	6,726
– Long to Short Ratio:	3.4 to 1	0.9 to 1	1.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	59.2	38.7	43.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	15.9	-11.7	-22.8

Article By CountingPips.com – Receive our weekly COT Reports by Email

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

CountingPips Forex Blog Opinions Stock Market News

27 Aug

COT Energy Futures Charts: WTI & Brent Crude Oil, Natural Gas, Bloomberg Index, Heating Oil

cBy CountingPips.com COT Home | Data Tables | Data Downloads | Newsletter

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 August 24 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

WTI Crude Oil Futures :

The WTI Crude Oil Futures large speculator standing this week totaled a net position of 374,312 contracts in the data reported through Tuesday. This was a weekly reduction of -30,011 contracts from the previous week which had a total of 404,323 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 31.1 percent. The commercials are Bullish with a score of 60.2 percent and the small traders (not shown in chart) are Bullish with a score of 62.5 percent.

WTI Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	25.9	33.6	4.2
– Percent of Open Interest Shorts:	7.6	53.6	2.5
– Net Position:	374,312	-408,022	33,710
– Gross Longs:	528,784	686,132	85,739
– Gross Shorts:	154,472	1,094,154	52,029
– Long to Short Ratio:	3.4 to 1	0.6 to 1	1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	31.1	60.2	62.5
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-40.0	41.9	-20.8

Brent Crude Oil Futures :

The Brent Crude Oil Futures large speculator standing this week totaled a net position of -33,499 contracts in the data reported through Tuesday. This was a weekly decline of -122 contracts from the previous week which had a total of -33,377 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 55.6 percent. The commercials are Bearish with a score of 48.3 percent and the small traders (not shown in chart) are Bearish with a score of 36.5 percent.

Brent Crude Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	15.0	54.9	3.3
– Percent of Open Interest Shorts:	31.2	38.8	3.3
– Net Position:	-33,499	33,373	126
– Gross Longs:	31,035	113,611	6,868
– Gross Shorts:	64,534	80,238	6,742
– Long to Short Ratio:	0.5 to 1	1.4 to 1	1.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	55.6	48.3	36.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-6.7	8.8	-11.4

Natural Gas Futures :

The Natural Gas Futures large speculator standing this week totaled a net position of -166,577 contracts in the data reported through Tuesday. This was a weekly fall of -3,512 contracts from the previous week which had a total of -163,065 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 28.6 percent. The commercials are Bullish with a score of 71.9 percent and the small traders (not shown in chart) are Bullish with a score of 63.8 percent.

Natural Gas Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	23.3	45.0	4.6
– Percent of Open Interest Shorts:	35.2	35.7	2.0
– Net Position:	-166,577	130,128	36,449
– Gross Longs:	323,806	626,819	64,662
– Gross Shorts:	490,383	496,691	28,213
– Long to Short Ratio:	0.7 to 1	1.3 to 1	2.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	28.6	71.9	63.8
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-14.2	15.3	-3.7

Gasoline Blendstock Futures :

The Gasoline Blendstock Futures large speculator standing this week totaled a net position of 36,884 contracts in the data reported through Tuesday. This was a weekly rise of 1,137 contracts from the previous week which had a total of 35,747 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 7.7 percent. The commercials are Bullish-Extreme with a score of 94.3 percent and the small traders (not shown in chart) are Bearish with a score of 46.3 percent.

Nasdaq Mini Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	25.0	53.9	5.5
– Percent of Open Interest Shorts:	14.4	66.1	3.8
– Net Position:	36,884	-42,699	5,815
– Gross Longs:	87,397	188,427	19,148
– Gross Shorts:	50,513	231,126	13,333
– Long to Short Ratio:	1.7 to 1	0.8 to 1	1.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	7.7	94.3	46.3
– COT Index Reading (3 Year Range):	Bearish-Extreme	Bullish-Extreme	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-11.9	16.9	-30.9

#2 Heating Oil NY-Harbor Futures :

The #2 Heating Oil NY-Harbor Futures large speculator standing this week totaled a net position of 34,020 contracts in the data reported through Tuesday. This was a weekly increase of 1,441 contracts from the previous week which had a total of 32,579 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 81.3 percent. The commercials are Bearish-Extreme with a score of 19.4 percent and the small traders (not shown in chart) are Bullish with a score of 72.6 percent.

Heating Oil Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	17.2	53.0	10.5
– Percent of Open Interest Shorts:	8.5	66.4	5.8
– Net Position:	34,020	-52,546	18,526
– Gross Longs:	67,375	207,839	41,332
– Gross Shorts:	33,355	260,385	22,806
– Long to Short Ratio:	2.0 to 1	0.8 to 1	1.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	81.3	19.4	72.6
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	15.4	-5.1	-27.4

Bloomberg Commodity Index Futures :

The Bloomberg Commodity Index Futures large speculator standing this week totaled a net position of -15,887 contracts in the data reported through Tuesday. This was a weekly fall of -5,754 contracts from the previous week which had a total of -10,133 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 25.6 percent. The commercials are Bullish with a score of 74.4 percent and the small traders (not shown in chart) are Bearish with a score of 39.1 percent.

Bloomberg Index Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	51.5	46.8	1.1
– Percent of Open Interest Shorts:	90.7	8.4	0.2
– Net Position:	-15,887	15,550	337
– Gross Longs:	20,839	18,950	434
– Gross Shorts:	36,726	3,400	97
– Long to Short Ratio:	0.6 to 1	5.6 to 1	4.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	25.6	74.4	39.1
– COT Index Reading (3 Year Range):	Bearish	Bullish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	6.0	-6.0	-0.9

Article By CountingPips.com – Receive our weekly COT Reports by Email

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

CountingPips Forex Blog Energy Opinions

27 Aug

COT Soft Commodities Charts: Coffee, Soybeans, Wheat, Cattle, Hogs & Corn

By CountingPips.com COT Home | Data Tables | Data Downloads | Newsletter

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 August 24 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.

CORN Futures:

The CORN large speculator standing this week recorded a net position of 330,967 contracts in the data reported through Tuesday. This was a weekly fall of -14,879 contracts from the previous week which had a total of 345,846 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 72.3 percent. The commercials are Bearish with a score of 35.3 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 0.3 percent.

CORN Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	29.1	47.4	7.7
– Percent of Open Interest Shorts:	6.1	65.2	12.9
– Net Position:	330,967	-256,700	-74,267
– Gross Longs:	419,537	684,905	111,865
– Gross Shorts:	88,570	941,605	186,132
– Long to Short Ratio:	4.7 to 1	0.7 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	72.3	35.3	0.3
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	2.3	-0.3	-9.1

SUGAR Futures:

The SUGAR large speculator standing this week recorded a net position of 299,077 contracts in the data reported through Tuesday. This was a weekly decrease of -3,190 contracts from the previous week which had a total of 302,267 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 1.7 percent and the small traders (not shown in chart) are Bullish with a score of 71.3 percent.

SUGAR Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	31.9	43.5	9.1
– Percent of Open Interest Shorts:	3.8	76.4	4.2
– Net Position:	299,077	-350,435	51,358
– Gross Longs:	338,985	462,375	96,543
– Gross Shorts:	39,908	812,810	45,185
– Long to Short Ratio:	8.5 to 1	0.6 to 1	2.1 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	98.1	1.7	71.3
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	10.7	-11.4	10.2

COFFEE Futures:

The COFFEE large speculator standing this week recorded a net position of 56,012 contracts in the data reported through Tuesday. This was a weekly increase of 1,215 contracts from the previous week which had a total of 54,797 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 91.3 percent. The commercials are Bearish-Extreme with a score of 9.8 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 18.6 percent.

COFFEE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	27.1	45.0	4.0
– Percent of Open Interest Shorts:	7.1	66.6	2.4
– Net Position:	56,012	-60,389	4,377
– Gross Longs:	75,855	126,199	11,105
– Gross Shorts:	19,843	186,588	6,728
– Long to Short Ratio:	3.8 to 1	0.7 to 1	1.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	91.3	9.8	18.6
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	2.8	-2.5	-4.7

SOYBEANS Futures:

The SOYBEANS large speculator standing this week recorded a net position of 101,647 contracts in the data reported through Tuesday. This was a weekly fall of -14,757 contracts from the previous week which had a total of 116,404 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 46.9 percent and the small traders (not shown in chart) are Bearish with a score of 36.5 percent.

SOYBEANS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	25.6	54.3	6.5
– Percent of Open Interest Shorts:	10.8	66.1	9.6
– Net Position:	101,647	-80,417	-21,230
– Gross Longs:	175,251	372,081	44,299
– Gross Shorts:	73,604	452,498	65,529
– Long to Short Ratio:	2.4 to 1	0.8 to 1	0.7 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	55.5	46.9	36.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	-7.2	8.3	-10.2

SOYBEAN OIL Futures:

The SOYBEAN OIL large speculator standing this week recorded a net position of 65,048 contracts in the data reported through Tuesday. This was a weekly boost of 482 contracts from the previous week which had a total of 64,566 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 63.9 percent. The commercials are Bearish with a score of 38.9 percent and the small traders (not shown in chart) are Bearish with a score of 39.5 percent.

SOYBEAN OIL Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	24.1	48.5	7.3
– Percent of Open Interest Shorts:	8.8	65.4	5.7
– Net Position:	65,048	-72,023	6,975
– Gross Longs:	102,475	206,533	31,217
– Gross Shorts:	37,427	278,556	24,242
– Long to Short Ratio:	2.7 to 1	0.7 to 1	1.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	63.9	38.9	39.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	2.6	-1.5	-8.2

SOYBEAN MEAL Futures:

The SOYBEAN MEAL large speculator standing this week recorded a net position of 49,708 contracts in the data reported through Tuesday. This was a weekly decrease of -5,239 contracts from the previous week which had a total of 54,947 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 57.9 percent. The commercials are Bearish with a score of 43.7 percent and the small traders (not shown in chart) are Bearish with a score of 41.5 percent.

SOYBEAN MEAL Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	22.8	51.3	12.4
– Percent of Open Interest Shorts:	9.1	69.8	7.6
– Net Position:	49,708	-67,400	17,692
– Gross Longs:	82,975	186,898	45,240
– Gross Shorts:	33,267	254,298	27,548
– Long to Short Ratio:	2.5 to 1	0.7 to 1	1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	57.9	43.7	41.5
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	0.5	1.3	-13.0

LIVE CATTLE Futures:

The LIVE CATTLE large speculator standing this week recorded a net position of 96,218 contracts in the data reported through Tuesday. This was a weekly advance of 18,433 contracts from the previous week which had a total of 77,785 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 53.6 percent. The commercials are Bearish with a score of 41.9 percent and the small traders (not shown in chart) are Bearish with a score of 47.9 percent.

LIVE CATTLE Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	42.3	37.2	8.4
– Percent of Open Interest Shorts:	11.1	63.2	13.6
– Net Position:	96,218	-80,141	-16,077
– Gross Longs:	130,451	114,704	25,824
– Gross Shorts:	34,233	194,845	41,901
– Long to Short Ratio:	3.8 to 1	0.6 to 1	0.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	53.6	41.9	47.9
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	21.2	-19.0	-20.7

LEAN HOGS Futures:

The LEAN HOGS large speculator standing this week recorded a net position of 74,630 contracts in the data reported through Tuesday. This was a weekly advance of 905 contracts from the previous week which had a total of 73,725 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 88.5 percent. The commercials are Bearish with a score of 20.9 percent and the small traders (not shown in chart) are Bearish-Extreme with a score of 3.4 percent.

LEAN HOGS Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	45.1	30.5	6.9
– Percent of Open Interest Shorts:	17.1	52.6	12.8
– Net Position:	74,630	-58,935	-15,695
– Gross Longs:	120,074	81,209	18,297
– Gross Shorts:	45,444	140,144	33,992
– Long to Short Ratio:	2.6 to 1	0.6 to 1	0.5 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	88.5	20.9	3.4
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish	Bearish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	5.4	-0.1	-24.1

COTTON Futures:

The COTTON large speculator standing this week recorded a net position of 104,309 contracts in the data reported through Tuesday. This was a weekly advance of 1,278 contracts from the previous week which had a total of 103,031 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 100.0 percent. The commercials are Bearish-Extreme with a score of 0.9 percent and the small traders (not shown in chart) are Bullish-Extreme with a score of 83.0 percent.

COTTON Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	44.7	36.2	7.0
– Percent of Open Interest Shorts:	6.0	79.0	2.9
– Net Position:	104,309	-115,441	11,132
– Gross Longs:	120,528	97,532	18,814
– Gross Shorts:	16,219	212,973	7,682
– Long to Short Ratio:	7.4 to 1	0.5 to 1	2.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	100.0	0.9	83.0
– COT Index Reading (3 Year Range):	Bullish-Extreme	Bearish-Extreme	Bullish-Extreme
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	22.0	-20.7	7.8

COCOA Futures:

The COCOA large speculator standing this week recorded a net position of 33,655 contracts in the data reported through Tuesday. This was a weekly decrease of -1,540 contracts from the previous week which had a total of 35,195 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 54.0 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 41.7 percent.

COCOA Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	31.2	51.4	5.0
– Percent of Open Interest Shorts:	16.1	67.9	3.7
– Net Position:	33,655	-36,575	2,920
– Gross Longs:	69,449	114,475	11,240
– Gross Shorts:	35,794	151,050	8,320
– Long to Short Ratio:	1.9 to 1	0.8 to 1	1.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct):	54.0	46.2	41.7
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	18.5	-18.3	1.8

WHEAT Futures:

The WHEAT large speculator standing this week recorded a net position of 35,048 contracts in the data reported through Tuesday. This was a weekly decrease of -11,746 contracts from the previous week which had a total of 46,794 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 76.9 percent. The commercials are Bearish with a score of 22.9 percent and the small traders (not shown in chart) are Bullish with a score of 54.6 percent.

WHEAT Futures Statistics	SPECULATORS	COMMERCIALS	SMALL TRADERS
– Percent of Open Interest Longs:	33.5	35.9	7.7
– Percent of Open Interest Shorts:	24.7	42.3	10.2
– Net Position:	35,048	-25,214	-9,834
– Gross Longs:	133,081	142,668	30,683
– Gross Shorts:	98,033	167,882	40,517
– 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):	76.9	22.9	54.6
– COT Index Reading (3 Year Range):	Bullish	Bearish	Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index:	22.1	-27.7	23.8

Article By CountingPips.com – Receive our weekly COT Reports by Email

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

CountingPips Forex Blog Opinions Soft Commodities

27 Aug

The Week Ahead – Jobs Numbers To Gauge Wind Direction

By Orbex

EURUSD struggles as US Fed remains unfazed

The US dollar resumes its rally as the Fed maintains its optimism about the economic recovery. The market’s recent jitters are a sign of indecision as traders navigate amid mixed data and statements.

As the spread of the Delta variant is still hitting the headlines, the last thing the dollar bulls want to hear is that the Fed will postpone the tapering schedule as the RBNZ did.

That said, bad news in nonfarm payrolls would be more impactful than good ones as the Fed may call for greater patience at the greenback’s expense.

The pair is hovering under 1.1800. A break below November’s low at 1.1600 could trigger a new wave of sell-off.

XAUUSD weighed down by rising yields

Gold remains under pressure as the prospect of monetary tightening lives on. Being a rather usual antipodean to the US dollar’s movement, the precious metal has much to lose if the Fed goes hawkish.

A rising number of Fed officials have already been considering unwinding the massive QE. That would ease fears of inflation and dollar debasement, which in turn would take away the raison d’etre of gold.

Besides, if investors can harvest higher interests from bonds, why would they stick with the non-yielding metal? If the price fails to clear the key hurdle at 1830, it may revisit the critical support at 1680.

NAS 100 rises ahead of key NFP

The Nasdaq 100 keeps the high ground in the hope that the liquidity tap will not close soon.

The market’s new all-time high is another reminder that the threat of the pandemic is also an opportunity for cloud and digital-focused companies. As counter-intuitive as it may sound, the macroenvironment would remain bull-friendly as long as labor data instill the right amount of uncertainty.

The day the Fed drops the word ‘transitory’ is probably the day the music stops. The tech index is still grinding up along a rising trendline from March 2020.

15800 would be the next stop, with 14800 as new support.

USOIL recovers as demand stabilizes

Oil prices rallied as demand has so far proved to be resilient.

A rise in US fuel demand suggests that the recovery is still on track. In fact, the pandemic situation is noticeably better than last summer.

In China (the world’s largest oil importer) low official figures in new infections brighten up the mood. Concerns about a peak in demand could be an exaggeration. On the supply side, a fall in US crude inventories for a third consecutive week will keep the bears in check.

Technical buying-the-dips at May’s low around 62.00 has put a floor to price action. A close above 69.50 could raise offers back to 74.00, a prerequisite for trend continuation.

By Orbex

Economics & Fundamentals Financial News

27 Aug

European Data Day And Potential Market Volatility

By Orbex

Monday could be pretty interesting for European markets, and there is a chance of a strong move in the early European session.

Part of that has to do with the lingering effects of what might come out of the Jackson Hole Symposium, and another is a plethora of different data points coming out throughout the session.

Fed Chairman Jerome Powell will speak before the close of today’s European session. Therefore it’s possible that the “tone” of the Jackson Hole meeting won’t be clear until after the close. And the markets might take some time to digest the implications of any change in policy outlook.

So, we might want to keep an eye on the markets at the start of the session to see if there is any additional reaction to the monetary policy outlook.

The data points

In terms of data that could potentially move the markets on Monday, we start with retail sales from Spain.

We have to remember that Spain was one of the most affected by covid. Nonetheless, it has an increase in demand in summer usually because of higher tourism.

So, better results from Spain might be a reflection of continental improvement in outlook. The periphery is often a bellwether for economic sentiment in the eurozone.

Analysts expect Spanish retail sales to rise by 0.5% in July, compared to 0.2% in June. This would push the annual rate to 3.8% from 1.4%.

Should they meet expectations it would confirm an end to the “normalization” of retail sales. In turn, this would suggest that consumers are returning to a more positive outlook.

Coming off the mountain

Next up is the Swiss KOF leading indicator, measuring the relative optimism of major Swiss business leaders.

Since May, optimism has been tracking lower and economists anticipate it will continue in that trend. As Swiss economic activity normalizes, the positive outlook associated with the recovery would naturally dissipate. That said, the KOF leading indicator is forecast at 120, down from 129.8 in the last reading.

The eurozone consumer confidence comes out after that. And the prediction for that data is to slip further into negative territory.

The rise in delta variants and the refusal of authorities to rule out another round of lockdowns have been impacting consumer outlook. Though it appears consumers are still spending, they aren’t confident about the future.

At some point, retail sales could drop, and pull down inflation. Analysts project the eurozone consumer confidence for August to come in at -5.3, from -4.4 in July.

Rounding things up

Spanish business confidence is next, which economists expect to drop to 1.5 from 1.9 in the previous reading.

If we factor in consumer spending reports from earlier in the day, the suggestion is that Spanish business leaders believe the increase in sales to be transitory. The longer-term impact, should those fears be true, implies less inflation for the euro going through winter.

Speaking of inflation, the final data point is German August flash CPI, which will probably tick slightly higher to 3.9% from 3.8%. Germany has one of the highest inflation rates in the shared economy, buoyed by a stronger recovery.

Overall, we’ll have to wait and see how the European data releases could impact the markets.

By Orbex

Financial News Forex and Currency News

27 Aug

How “Hot” Stock Market Ideas Can Burn Investors

The Meme Stock Index sees a 36% decline since January

By Elliott Wave International

On July 30, this headline appeared on a well-known investment website:

It’s Definitely Possible to Make a Fortune Off Meme Stocks

And, it’s definitely true that many investors, especially newbies, have tried.

As you probably know, “meme” stocks may be loosely defined as stocks that become a white-hot focus of interest due to social media hype. The price of these shares can skyrocket within a short period of time. However, as you might imagine, these highly speculative issues can just as quickly turn southward.

Indeed, take a look at this chart from the recently published August Elliott Wave Financial Forecast, a publication which provides Elliott wave analysis of major U.S. financial markets. The accompanying commentary is below the chart:

Legions of new investors continue to chase the latest hot ideas. … Meme stocks are [a] mutant strain reflecting bullish enthusiasm despite price weakness. This chart shows a steady decline in an index of 35 meme stocks. Despite a decline of 36% since January, many headlines in July insist that the “Meme Stock Revolution” lives on.

This is from an August 10 CNBC article:

Short seller Jim Chanos said retail investors are not considering all the downside involved with speculative trading in so-called meme stocks.

Yet, let’s pivot from here and state that all stock market trading is speculative, even with the so-called “blue chips.” In other words, the main stock market indexes can significantly decline just like the meme stock index.

So, while “traditional” investors may largely steer clear of meme stocks, many of them may be unprepared for a possible trend turn in the Dow Industrials and the S&P 500 index.

Why will the majority likely be unprepared? Well, consider this quote from a July 18 Wall Street Journal article:

Throughout 2021, a range of surveys, fund-flow figures and options activity have shown investors big and small to be exceptionally bullish.

The best way to avoid getting caught flatfooted when an inevitable trend change occurs is to see what the Elliott wave model is revealing about the broad market’s price pattern.

If you’re unfamiliar with the Wave Principle, or need to brush up on your knowledge, you can read the online version of Frost & Prechter’s Elliott Wave Principle: Key to Market Behavior — 100% free!

Here’s a quote from the first page of Chapter 1 of this Wall Street classic:

In the 1930s, Ralph Nelson Elliott discovered that stock market prices trend and reverse in recognizable patterns. The patterns he discerned are repetitive in form but not necessarily in time or amplitude. Elliott isolated five such patterns, or “waves,” that recur in market price data. He named, defined and illustrated these patterns and their variations. He then described how they link together to form larger versions of themselves, how they in turn link to form the same patterns of the next larger size, and so on, producing a structured progression. He called this phenomenon The Wave Principle.

All that’s required for free access to the book is a Club EWI membership. Club EWI is the world’s largest Elliott wave educational community and is free to join. Members enjoy complimentary access to a wealth of Elliott wave resources on financial markets, investing and trading. You are under no obligations as a Club EWI member.

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This article was syndicated by Elliott Wave International and was originally published under the headline How “Hot” Stock Market Ideas Can Burn Investors. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Opinions Stock Market News

27 Aug

AAPL Final Leg Of Primary Correction ④

By Orbex

The AAPL formation hints at a large cycle wave a. This takes the form of an ①-②-③-④-⑤ impulse of the primary degree.

It seems that a bearish correction ④ is currently under construction. It takes the form of an intermediate double three (W)-(X)-(Y).

Perhaps the ascending intervening wave (X) in the form of a double zigzag has come to an end. Thus, in the next coming trading days, the market could fall in the intermediate wave (Y) to 113.26.

At that level, correction ④ will be at 38.2% of primary impulse ③.

After that, the market may turn around and start moving up in the final wave ⑤ significantly above 150.29, which the intervening wave (X) marked.

Let’s look at an alternative scenario that assumes that in the process of building a primary fifth wave, it takes the form of ending diagonal (1)-(2)-(3)-(4)-(5) of the intermediate degree.

In the following trading weeks, we can expect a gradual increase in the intermediate sub-waves (4)-(5), as shown on the chart, near 161.15.

By Orbex

Financial News Stock Market News

27 Aug

Intraday Market Analysis – USD Awaits Catalyst-Breakout

By Orbex

USDJPY about to test resistance

The Japanese yen weakened after a lower-than-expected Tokyo CPI in August. The US dollar is grinding its way back up after the mid-month correction.

A double test at 109.50 suggests strong buying interest. Layers of support indicate buyers’ willingness to pay up, the freshest one is at 109.90.

Momentum has slowed down as the price approaches the major supply area around 110.40. A bullish breakout would tip the balance to the long side again and open up the path to the psychological price tag of 111.00.

AUDUSD rebound cools off

The Australian dollar fell back after a drop in July’s retail sales numbers.

A close above 0.7270 has forced sellers to cover their bets. The pair is recovering towards the 30-day moving average on the daily chart which coincides with the support-turned-resistance at 0.7320.

However, the rebound is likely to be choppy. After a double top in the overbought area, the RSI’s divergence indicates a loss in the rebound momentum.

A drop below 0.7235 would lead to a deeper correction to 0.7150.

US 30 recoups previous losses

The Dow Jones index pulls back as traders await updates from the Fed’s Jackson Hole meeting.

Price action’s V-shaped rebound is typical of buying-the-dips from the demand zone near 34600. By lifting offers around 35450 the bulls have signaled their commitment to maintaining the uptrend in the medium-term.

The index is seeking support after it erased losses from last week. 35200 is the first support as the RSI dips into the oversold territory.

A break above the peak at 35600 would extend the rally to new all-time highs.

By Orbex

Financial News Forex and Currency News

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