Institutional Positioning Intelligence
Understand crowding, momentum, institutional bias, and divergence in one decision-ready view.
Crowded longLarge speculators are net long and added 31,713 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 98.1 percentile. Commercials remain structurally opposite to speculators, which is typical in hedging-heavy markets. Price/COT divergence is currently limited.
Current selected-window percentile: 98.08%. 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.
| Participant Group | Long | Short | Spreading | Net | Weekly Change | 13-Week Avg | 52-Week High | 52-Week Low | Percentile | Bias |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-Commercial | 225,516 | 123,925 | 2,260 | +101,591 | +31,713 | 18,969 | 120,359 | -163,412 | 98.08% | Bullish |
| Commercial | 109,221 | 214,311 | 0 | -105,090 | -34,003 | -17,832 | 158,025 | -124,674 | 3.85% | Bearish hedge bias |
| Non-Reportable | 37,029 | 33,530 | 0 | +3,499 | +2,290 | -1,137 | 7,686 | -8,181 | 73.08% | Bullish |
| Total | 336,997 | 340,496 | 0 | -3,499 | -2,290 | 1,137 | 8,181 | -7,686 | 28.85% | Bearish |
