Institutional Positioning Intelligence
Understand crowding, momentum, institutional bias, and divergence in one decision-ready view.
Crowded longLarge speculators are net long and added 579 contracts of net bullish exposure this week. Commercials are net short. Over the selected 52 weeks window, non-commercial net positioning is building higher. Positioning is crowded long versus the 52-week history. Within the selected 52 weeks range, positioning sits around the 92.3 percentile. Commercials remain structurally opposite to speculators, which is typical in hedging-heavy markets. Price/COT divergence is currently limited.
Current selected-window percentile: 92.31%. 0-20%: crowded short, 40-60%: neutral, 80-100%: crowded long.
Current speculative net positioning is at an extreme relative to the last 52 weeks.
Weekly net changes show a possible turn after a short run in the opposite direction.
| Participant Group | Long | Short | Spreading | Net | Weekly Change | 13-Week Avg | 52-Week High | 52-Week Low | Percentile | Bias |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-Commercial | 28,407 | 10,803 | 7,585 | +17,604 | +579 | 16,515 | 22,499 | -16,347 | 92.31% | Bullish |
| Commercial | 18,620 | 37,808 | 0 | -19,188 | -464 | -18,818 | 15,939 | -24,626 | 11.54% | Bearish hedge bias |
| Non-Reportable | 3,246 | 1,662 | 0 | +1,584 | -115 | 2,303 | 3,318 | -1,388 | 73.08% | Bullish |
| Total | 54,612 | 56,196 | 0 | -1,584 | +115 | -2,303 | 1,388 | -3,318 | 28.85% | Bearish |
