Institutional Positioning Intelligence
Understand crowding, momentum, institutional bias, and divergence in one decision-ready view.
Positioning reversal formingLarge speculators are net long and added 103,023 contracts of net bullish exposure this week. Commercials are net short. Over the selected 52 weeks window, non-commercial net positioning is fading lower. Positioning remains in a neutral historical zone on a 52-week basis. Within the selected 52 weeks range, positioning sits around the 69.2 percentile. Commercials remain structurally opposite to speculators, which is typical in hedging-heavy markets. Price/COT divergence is currently limited.
Current selected-window percentile: 69.23%. 0-20%: crowded short, 40-60%: neutral, 80-100%: crowded long.
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 | 178,791 | 167,995 | 28,735 | +10,796 | +103,023 | -99,884 | 79,500 | -163,412 | 69.23% | Bullish |
| Commercial | 249,469 | 263,510 | 0 | -14,041 | -111,602 | 100,983 | 158,025 | -83,239 | 32.69% | Bearish hedge bias |
| Non-Reportable | 42,640 | 39,395 | 0 | +3,245 | +8,579 | -1,100 | 7,686 | -8,181 | 67.31% | Bullish |
| Total | 456,995 | 460,240 | 0 | -3,245 | -8,579 | 1,100 | 8,181 | -7,686 | 34.62% | Bearish |
