COT REPORT

COT Report Breakdown — 7 July 2026

CFTC data · Published 11 July 2026

Weekly Commitments of Traders positioning for the report dated 7 July 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 972,699 (-6,800 w/w — cut longs / added shorts)Leveraged Funds: net short 364,959 (-2,359 w/w — cut longs / added shorts)
E-Mini Nasdaq 100 (NQ)Asset Managers: net long 78,970 (+11,660 w/w — added longs / cut shorts)Leveraged Funds: net short 55,013 (+13,604 w/w — added longs / cut shorts)
Gold (GC)Swap Dealers (proxy): net short 201,296 (+2,728 w/w — added longs / cut shorts)Managed Money: net long 116,161 (-3,930 w/w — cut longs / added shorts)
Crude Oil (CL)Swap Dealers (proxy): net short 494,915 (+16,460 w/w — added longs / cut shorts)Managed Money: net long 64,041 (-17,241 w/w — cut longs / added shorts)
Euro FX (6E)Asset Managers: net long 253,918 (-1,240 w/w — cut longs / added shorts)Leveraged Funds: net short 45,461 (-12,817 w/w — cut longs / added shorts)
Japanese Yen (6J)Asset Managers: net short 48,653 (+20,040 w/w — added longs / cut shorts)Leveraged Funds: net short 90,083 (+25,317 w/w — added longs / cut shorts)
10Y T-Note (ZN)Asset Managers: net long 2,425,982 (+47,832 w/w — added longs / cut shorts)Leveraged Funds: net short 2,004,023 (-34,172 w/w — cut longs / added shorts)
Bitcoin (BTC)Asset Managers: net long 2,385 (+385 w/w — added longs / cut shorts)Leveraged Funds: net short 6,717 (-1,404 w/w — cut longs / added 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.