📊 COT Report 8 May 2026 5 min read

COT Report Breakdown — 28 April 2026

Weekly Commitments of Traders positioning for the report dated 28 April 2026. Net position is longs minus shorts. Week-on-week change uses the CFTC's own change columns from the same file. No price targets, no narrative — just what the reportable categories actually did.

ContractInstitutionalSpeculative
E-Mini S&P 500 (ES)Asset Managers: net long 998,208 (-21,120 w/w — cut longs / added shorts)Leveraged Funds: net short 400,613 (+5,313 w/w — added longs / cut shorts)
E-Mini Nasdaq 100 (NQ)Asset Managers: net long 78,698 (-5,593 w/w — cut longs / added shorts)Leveraged Funds: net short 35,950 (+3,050 w/w — added longs / cut shorts)
Gold (GC)Swap Dealers (proxy): net short 174,621 (+7,901 w/w — added longs / cut shorts)Managed Money: net long 89,752 (-3,224 w/w — cut longs / added shorts)
Crude Oil (CL)Swap Dealers (proxy): net short 539,774 (+1,242 w/w — added longs / cut shorts)Managed Money: net long 80,331 (-19,556 w/w — cut longs / added shorts)
Euro FX (6E)Asset Managers: net long 290,898 (+4,507 w/w — added longs / cut shorts)Leveraged Funds: net long 11,594 (-8,723 w/w — cut longs / added shorts)
Japanese Yen (6J)Asset Managers: net short 26,550 (-12,152 w/w — cut longs / added shorts)Leveraged Funds: net short 75,802 (-7,305 w/w — cut longs / added shorts)
10Y T-Note (ZN)Asset Managers: net long 2,257,647 (+57,277 w/w — added longs / cut shorts)Leveraged Funds: net short 2,095,799 (-55,524 w/w — cut longs / added shorts)
Bitcoin (BTC)Asset Managers: net long 5,425 (+67 w/w — added longs / cut shorts)Leveraged Funds: net short 10,360 (+362 w/w — added longs / cut shorts)

Reading notes

  • Index, currency, rate and Bitcoin lines come from the CFTC Traders in Financial Futures (TFF) report (Asset Managers, Leveraged Funds).
  • Gold and Crude Oil come from the Disaggregated report. There is no Asset Manager category for physical commodities, so Swap Dealers is shown as the institutional proxy and Managed Money is the speculative side.
  • A net long figure on its own is not a signal. Look at the change versus the prior week, the trend over several weeks, and the size relative to open interest before drawing any conclusion.

Source: CFTC weekly reports. Auto-generated draft — review before publishing.

For educational purposes only. Not financial advice. Data sourced from the CFTC. Trading futures involves substantial risk. Always do your own research.