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COT Report

The CFTC's weekly Commitments of Traders report, visualized — how large traders are positioned across currencies, indices, metals, energy, rates and crypto. Toggle between the broad non-commercial cut and the sharper money-manager cut (Managed Money for commodities, Leveraged Funds for financials). Bars show the long/short split; the table adds week-over-week change and how stretched positioning is versus its own 3-year history.

Latest report — positions as of Aug 25, 2026 (released the following Friday). Source: CFTC.
⚠️

Not financial advice. COT is a weekly, delayed snapshot for general information and education only — not a recommendation, signal, or offer. Positioning is not a timing tool; extremes can persist.

Trader group Non-commercial Money managers Large speculators (Legacy report)
Long Short Non-commercial · % of long+short · sorted most-short → most-long
100%75%50% 25%0%
CAD
US10Y
NZD
US2Y
USBOND
CHF
VIX
RUSSELL
PALLADIUM
NATGAS
JPY
GBP
AUD
SPX
WTI
EUR
SOL
BTC
ETH
NASDAQ
XRP
ULSD
NIKKEI
MXN
PLATINUM
DOW
RBOB
USD
SILVER
ZAR
COPPER
BRL
GOLD
MarketLong/Short % LongNetΔ Net (wk)Positioning
percentile (3y)
CADCanadian Dollar
Currencies
18.7% -121,522 +36,644 47
US10Y10-Year T-Note
Rates
27.5% -838,975 +107,986 73
NZDNew Zealand Dollar
Currencies
28.6% -14,239 +18,381 65
US2Y2-Year T-Note
Rates
29.6% -861,296 +66,041 100 crowded long
USBONDUS T-Bond
Rates
32.3% -187,243 +31,769 20
CHFSwiss Franc
Currencies
33.3% -19,946 +7,332 92 crowded long
VIXVIX Futures
Indices
33.6% -78,164 +11,282 9 crowded short
RUSSELLRussell 2000
Indices
35.9% -51,578 -9,363 19
PALLADIUMPalladium
Metals
36.2% -4,824 -426 59
NATGASNatural Gas
Energy
38.0% -197,932 +5,571 12
JPYJapanese Yen
Currencies
40.1% -63,298 -10,405 46
GBPBritish Pound
Currencies
40.4% -44,524 +10,049 27
AUDAustralian Dollar
Currencies
41.4% -44,455 -296 68
SPXS&P 500
Indices
42.7% -78,175 -62,439 53
WTICrude Oil (WTI)
Energy
45.1% -15,142 +2,309 21
EUREuro FX
Currencies
45.8% -36,352 +22,736 13
SOLSolana
Crypto
52.4% 1,026 +40 41
BTCBitcoin
Crypto
53.1% 1,949 -787 85
ETHEther
Crypto
53.5% 2,915 -1,418 87
NASDAQNasdaq 100
Indices
53.6% 11,127 +23,193 39
XRPXRP
Crypto
56.1% 1,531 +593 100 crowded long
ULSDHeating Oil (ULSD)
Energy
57.3% 12,480 -1,399 62
NIKKEINikkei 225
Indices
66.5% 3,294 +771 29
MXNMexican Peso
Currencies
67.3% 82,382 +2,930 33
PLATINUMPlatinum
Metals
70.0% 15,386 +2,347 69
DOWDow Jones
Indices
71.7% 15,557 -4,063 88
RBOBGasoline (RBOB)
Energy
72.0% 64,159 +6,315 79
USDUS Dollar Index
Currencies
73.7% 18,682 -397 83
SILVERSilver
Metals
75.0% 25,261 +1,636 33
ZARSouth African Rand
Currencies
76.1% 11,897 +3,398 68
COPPERCopper
Metals
77.1% 85,266 +5,518 100 crowded long
BRLBrazilian Real
Currencies
79.3% 67,902 -847 85
GOLDGold
Metals
89.1% 243,334 +21,145 99 crowded long

How to read it: "Net" is non-commercial long minus short contracts. The percentile ranks today's net-as-%-of-open-interest against the last ~3 years — high = speculators unusually long (crowded), low = unusually short. Updated weekly after the CFTC release.