COT Heatmap - Positioning Across Every Market
Positions as of Tuesday 2026-10-20. COT index per trader category (0 = most net-short of the lookback, 100 = most net-long); red = short extreme, blue = long extreme. Sortable, free.
| Market | Group | Commercials 26w | Large specs 52w | Managed money 52w | Leveraged funds 52w | Spec z-score 3y |
|---|---|---|---|---|---|---|
| 3-Month SOFR | Interest Rates - Non U.S. Treasury | 71 | 23 | - | 22 | -1.92 |
| Nat Gas ICE LD1 | Natural Gas And Products | 100 | 0 | 2 | - | -1.75 |
| 5-Year T-Note | Interest Rates - U.S. Treasury | 33 | 88 | - | 84 | +1.44 |
| 10-Year T-Note | Interest Rates - U.S. Treasury | 87 | 5 | - | 50 | -1.20 |
| 2-Year T-Note | Interest Rates - U.S. Treasury | 7 | 93 | - | 89 | +1.98 |
| 30-Day Fed Funds | Interest Rates - Non U.S. Treasury | 0 | 100 | - | 100 | +2.72 |
| Ultra UST 10Y | Interest Rates - U.S. Treasury | 26 | 65 | - | 51 | +0.49 |
| Ultra T-Bond | Interest Rates - U.S. Treasury | 80 | 18 | - | 38 | -1.83 |
| E-mini S&P 500 | Other | 70 | 34 | - | 51 | -0.66 |
| Corn | Grains | 47 | 57 | 51 | - | +1.09 |
| Crude Oil (WTI) | Petroleum And Products | 77 | 21 | 49 | - | -1.27 |
| 30-Year T-Bond | Interest Rates - U.S. Treasury | 27 | 58 | - | 97 | +0.06 |
| Natural Gas (Henry Hub) | Natural Gas And Products | 100 | 0 | 0 | - | -2.51 |
| SOFR-1M | Interest Rates - Non U.S. Treasury | 0 | 100 | - | 92 | +0.98 |
| Sugar No. 11 | Foodstuffs/Softs | 0 | 100 | 100 | - | +2.02 |
| Soybeans | Oilseed And Products | 17 | 84 | 82 | - | +1.59 |
| MSCI EM Index | Stock Indices | 94 | 11 | - | 51 | -0.57 |
| Euro FX | Currency | 97 | 1 | - | 0 | -2.56 |
| Crude Oil, Light Sweet-WTI | Petroleum And Products | 75 | 16 | 95 | - | -1.15 |
| Nat Gas ICE PEN | Natural Gas And Products | 23 | 84 | 47 | - | +0.38 |
| Soybean Meal | Oilseed And Products | 9 | 93 | 97 | - | +2.25 |
| Soybean Oil | Oilseed And Products | 97 | 61 | 59 | - | +0.77 |
| WTI Houston Argus/WTI Tr Mo | Petroleum And Products | 41 | 23 | 0 | - | -1.20 |
| Wheat (SRW) | Grains | 65 | 54 | 48 | - | +0.65 |
| MSCI EAFE | Stock Indices | 70 | 44 | - | 50 | +0.21 |
| WTI Midland Argus Vs WTI Trade | Petroleum And Products | 68 | 51 | 3 | - | -0.50 |
| E-mini Russell 2000 | Stock Indices | 45 | 42 | - | 59 | -0.51 |
| VIX Futures | Other Financial Instruments | 100 | 0 | - | 68 | -1.64 |
| Gold | Precious Metals | 47 | 47 | 26 | - | -0.39 |
| Cotton No. 2 | Fiber | 68 | 81 | 78 | - | +1.61 |
| Canadian Dollar | Currency | 42 | 48 | - | 16 | +0.33 |
| Japanese Yen | Currency | 19 | 82 | - | 67 | +0.87 |
| Gasoline RBOB | Petroleum And Products | 29 | 41 | 89 | - | +0.80 |
| Canola | Oilseed And Products | 38 | 77 | 85 | - | +1.07 |
| Australian Dollar | Currency | 100 | 0 | - | 80 | -1.84 |
| Copper | Base Metals | 100 | 36 | 26 | - | +0.78 |
| KC Wheat (HRW) | Grains | 66 | 49 | 59 | - | +0.94 |
| Lean Hogs | Livestock/Meat Products | 97 | 3 | 2 | - | -2.03 |
| Live Cattle | Livestock/Meat Products | 95 | 5 | 4 | - | -1.53 |
| Mexican Peso | Currency(Non-Major) | 94 | 6 | - | 49 | -1.51 |
| E-mini Nasdaq-100 | Other | 6 | 92 | - | 84 | +1.86 |
| Ny Harbor ULSD | Petroleum And Products | 43 | 39 | 42 | - | +0.20 |
| British Pound | Currency | 67 | 28 | - | 52 | -1.47 |
| Brent Crude (Last Day) | Petroleum And Products | 69 | 36 | 1 | - | -1.04 |
| Bbg Commodity | Other Financial Instruments | 4 | 65 | - | 79 | -0.06 |
| Propane Opis Mt Belvieu Tet Fp | Natural Gas And Products | 98 | 19 | 41 | - | +0.08 |
| Cocoa | Foodstuffs/Softs | 32 | 52 | 53 | - | -0.97 |
| Coffee C | Foodstuffs/Softs | 43 | 37 | 28 | - | -1.20 |
| Nj Srecs | Emissions | 0 | 55 | 0 | - | -0.58 |
| Swiss Franc | Currency | 14 | 100 | - | 14 | +1.11 |
| Brazilian Real | Currency(Non-Major) | 93 | 27 | - | 75 | +0.31 |
| New Zealand Dollar | Currency(Non-Major) | 89 | 9 | - | 37 | -1.67 |
| Silver | Precious Metals | 100 | 0 | 0 | - | -1.41 |
| Propane Opis Mt Belv Nontet Fp | Natural Gas And Products | 2 | 82 | 0 | - | -0.22 |
| Chicago Citygate (Index) | Natural Gas And Products | 81 | 68 | 56 | - | -0.24 |
| Propane | Natural Gas And Products | 0 | 100 | 82 | - | +1.15 |
| Ethane, Mt. Belv-Enterprise | Natural Gas And Products | 29 | 71 | 5 | - | +1.09 |
| E-mini Dow ($5) | Other | 57 | 68 | - | 83 | +0.25 |
| Maryland Solar Rec | Emissions | 0 | 100 | 100 | - | +3.19 |
| Micro Ether | Digital Asset (Non-Major) | 51 | 24 | - | 54 | +0.54 |
| Wheat-HRSpring | Grains | 67 | 57 | 60 | - | +0.94 |
| Platinum | Precious Metals | 100 | 13 | 35 | - | -0.44 |
| Crude Diff-Wcs Houston/WTI 1St | Petroleum And Products | 0 | 100 | 92 | - | +2.41 |
| Crude Diff-Tmx Wcs 1A Index | Petroleum And Products | 70 | 20 | 25 | - | -2.24 |
| Butane Opis Mt Belv Nontet Fp | Natural Gas And Products | 100 | 52 | 92 | - | -0.43 |
| Feeder Cattle | Livestock/Meat Products | 64 | 28 | 24 | - | -0.77 |
| Dow Jones U.S. Real Estate Idx | Stock Indices | 69 | 39 | - | 40 | -0.24 |
| Tetco M3 Index | Natural Gas And Products | 77 | 6 | 0 | - | -1.95 |
| Calif Carbon Current Auction | Emissions | 7 | 94 | 96 | - | +1.87 |
| Mt Belv Nat Gasoline Opis | Natural Gas And Products | 100 | 10 | 0 | - | -0.41 |
| US Dollar Index | Other Financial Instruments | 33 | 81 | - | 82 | +1.12 |
| Mt Belvieu Ethane Opis | Natural Gas And Products | 0 | 25 | 15 | - | -0.34 |
| Mt Belv Norm Butane Opis | Natural Gas And Products | 0 | 87 | 100 | - | -0.29 |
| Ethanol | Petroleum And Products | 6 | 85 | 93 | - | +1.11 |
| Steel-HRC | Base Metals | 100 | 33 | 54 | - | +0.87 |
| South African Rand | Currency(Non-Major) | 43 | 70 | - | 73 | +0.52 |
| Micro Bitcoin | Digital Asset (Non-Major) | 38 | 36 | - | 36 | -0.42 |
| Milk, Class III | Dairy Products | 75 | 20 | 11 | - | -1.97 |
| Emini Russell 1000 Value Index | Stock Indices | 59 | 29 | - | 11 | -0.89 |
| Cheese (Cash-Settled) | Dairy Products | 100 | 0 | 8 | - | -1.77 |
| Propane Non-Ldh Mt Bel | Natural Gas And Products | 22 | 77 | 100 | - | -0.48 |
| Up Down Gc ULSD Vs Ho Spr | Petroleum And Products | 39 | 43 | 63 | - | -0.16 |
| E-Mini S&P Energy Index | Stock Indices | 14 | 82 | - | 57 | +0.61 |
| Aluminum MWP | Base Metals | 94 | 52 | 10 | - | -1.00 |
| Ether | Digital Asset | 82 | 31 | - | 86 | +0.54 |
| Pa Solar Alter Energy Credit | Emissions | 6 | 96 | 0 | - | +2.89 |
| E-Mini S&P Utilities Index | Stock Indices | 98 | 11 | - | 27 | -1.23 |
| Mini Soybeans | Oilseed And Products | 82 | 64 | 42 | - | +0.94 |
| E-Mini S&P Consu Staples Index | Stock Indices | 48 | 36 | - | 69 | +0.06 |
| Nikkei Stock Average Yen Denom | Stock Indices | 71 | 14 | - | 36 | -1.01 |
| Palladium | Precious Metals | 100 | 0 | 0 | - | -0.69 |
| Usgc Hsfo (Platts) | Petroleum And Products | 77 | 24 | 54 | - | -0.06 |
| Mass Compliance Recs Class 1 | Emissions | 100 | 0 | 50 | - | -2.38 |
| Bitcoin | Digital Asset | 34 | 68 | - | 100 | +1.47 |
| Butter (Cash Settled) | Dairy Products | 100 | 0 | 4 | - | -3.49 |
| Conway Propane (Opis) | Natural Gas And Products | 77 | 13 | 100 | - | -3.17 |
| Nat Gaslne Opis Mt B Nontet Fp | Natural Gas And Products | 62 | 15 | 50 | - | -1.71 |
| Argus Far East Propane | Natural Gas And Products | 30 | 78 | 34 | - | +1.35 |
| CME Milk IV | Dairy Products | 0 | 100 | 98 | - | +2.74 |
| Fuel Oil-3% Usgc/3.5% Fob Rdam | Petroleum And Products | 33 | 42 | 0 | - | -1.00 |
| Rough Rice | Grains | 0 | 100 | 100 | - | +1.39 |
| Aluminium Euro Prem Duty-Paid | Base Metals | 44 | 82 | 22 | - | +0.53 |
| Usgc Hsfo-Platts/Brent 1St Ln | Petroleum And Products | 74 | 25 | 57 | - | -1.66 |
| Non Fat Dry Milk | Dairy Products | 100 | 0 | 0 | - | -2.75 |
| Gulf Jet Ny Heat Oil Spr | Petroleum And Products | 81 | 0 | 0 | - | -1.70 |
| Propane Opis Conway Inwell Fp | Natural Gas And Products | 14 | 74 | 100 | - | +1.22 |
| Crude Diff-Tmx Sw 1A Index | Petroleum And Products | 18 | 30 | 30 | - | -0.32 |
Commercials at 26 weeks (hedgers turn faster); speculative categories at 52. Positioning extremes are conditions, not signals - how to read the index · methodology.