Institutional Positioning Intelligence
Understand crowding, momentum, institutional bias, and divergence in one decision-ready view.
Bullish positioningLarge speculators are net long and added 237 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 remains in a neutral historical zone on a 52-week basis. Within the selected 52 weeks range, positioning sits around the 76.9 percentile. Commercials remain structurally opposite to speculators, which is typical in hedging-heavy markets. Price/COT divergence is currently limited.
Current selected-window percentile: 76.92%. 0-20%: crowded short, 40-60%: neutral, 80-100%: crowded long.
Positioning and price action are not showing a strong divergence signal this week.
| Participant Group | Long | Short | Spreading | Net | Weekly Change | 13-Week Avg | 52-Week High | 52-Week Low | Percentile | Bias |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-Commercial | 6,161 | 4,006 | 1,289 | +2,155 | +237 | 2,526 | 3,345 | -349 | 76.92% | Bullish |
| Commercial | 4,821 | 12,941 | 0 | -8,120 | +314 | -8,498 | -3,537 | -12,630 | 25.00% | Bearish hedge bias |
| Non-Reportable | 10,981 | 5,016 | 0 | +5,965 | -551 | 5,972 | 11,095 | 3,173 | 80.77% | Bullish |
| Total | 12,271 | 18,236 | 0 | -5,965 | +551 | -5,972 | -3,173 | -11,095 | 21.15% | Bearish |
