- Yen speculators nearing record short position again
- 4th most 1 week week selling by CAD speculators since at least 2002
- Record ownership profile in MXN abates
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The COT Index is the difference between net speculative positioning and net commercial positioning measured. A blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Non-commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.
Latest CFTC Release dated September 27, 2016
| Week (Data for Tuesdays) | |
|---|---|
| US Dollar | 20 |
| Euro | 59 |
| British Pound | 10 |
| Australian Dollar | 59 |
| Japanese Yen | 94 |
| Canadian Dollar | 47 |
| Swiss Franc | 20 |
| Mexican Peso | 2 |
| Gold | 88 |
| Silver | 88 |
| Copper | 90 |
| Crude | 67 |
Charts (all charts are continuous contract)
Non Commercials (speculators) – Red
Commercials – Blue
Small Speculators – Black
COTDiff (COT Index) – Black
US Dollar ICEUS Continuous Contract
Chart prepared by Jamie Saettele, CMT
Euro CME Continuous Contract
Chart prepared by Jamie Saettele, CMT
British Pound CME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Australian DollarCME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Japanese YenCME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Canadian DollarCME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Canadian DollarCME Continuous Contract
Chart prepared by Jamie Saettele, CMT
The red line below price is the 1 week change in speculative and commercial positioning (net speculative change – net commercial change). An extremely low value indicates heavy speculative selling and heavy commercial buying. This condition warns of downside capitulation in price and therefore a price low. The blue dots indicate weeks when the change in positions was as extreme as now.
Swiss Franc CME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Mexican Peso CME Continuous Contract
Chart prepared by Jamie Saettele, CMT
Gold COMEX Continuous Contract
Chart prepared by Jamie Saettele, CMT
Silver COMEX Continuous Contract
Chart prepared by Jamie Saettele, CMT
Copper COMEX Continuous Contract
Chart prepared by Jamie Saettele, CMT
Crude Oil NYMEX Continuous Contract
Chart prepared by Jamie Saettele, CMT
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter for real time updates @JamieSaettele
Jamie is the author of Sentiment in the Forex Market and co-founder of SB Trade Desk.
