Last updated: July 20, 2026
The Commitments of Traders reports provide a weekly snapshot of positioning in the futures markets. They show how much exposure different groups hold, but they do not explain every reason behind those positions.
That distinction matters. A large long or short position may reflect speculation, hedging, risk management, or a combination of several factors. The data becomes more useful when it is compared with earlier reports, price behavior, and the conditions surrounding the market.
Marketaxiom is developing this section to make those comparisons easier to follow.
What the Reports Will Cover
The reports will focus on meaningful changes in positioning rather than treating every weekly move as important.
- Commercial and speculative net positions
- Weekly changes in long and short exposure
- Historical ranges and percentile readings
- Charts showing how positioning has developed over time
- Unusual extremes, reversals, and divergences
- Reporting delays, classification issues, and other limitations
Some weeks may produce a clear shift worth discussing. In others, the latest figures may add little to the existing picture. The aim is to distinguish between the two.
How Marketaxiom Uses COT Data
COT data is useful for context, not precise market timing.
Positioning can remain extreme while a trend continues. Commercial traders may appear heavily positioned against a market for reasons connected to their underlying business, while speculative exposure may be spread across strategies that cannot be identified from the report alone.
For that reason, no single reading is treated as an automatic bullish or bearish signal. The more useful questions are often whether positioning is changing, how unusual it is compared with its own history, and whether price behavior supports or contradicts that change.
Markets Planned for Coverage
Initial coverage is expected to include:
- Equity index futures
- Gold, silver, and other precious metals
- Crude oil, natural gas, and selected energy markets
- Major currency futures
- Agricultural commodities
- Interest-rate futures
Not every market will require a full update each week. Coverage will depend on the quality of the available data and whether the positioning has changed enough to warrant closer attention.
This Section Is Still Being Built
The full COT Reports area is not yet complete. Individual market pages, charts, and regular research updates will be added as the data process and presentation are finalized.
New reports and major additions will also be announced in our newsletter.
All COT reports, charts, and commentary are provided for research and educational purposes only.