Swiss franc (CME)
Swiss Franc positioning
Price series: Franc futures (front month) · positions as of Tuesday Jul 28, 2026, published Friday Jul 31, 2026
Neither price nor positioning has moved enough this window to say anything.
Price vs positioning (contracts)
Price on top, and what the big traders were holding underneath it.
COT Index
0–100 · vs last 3 yearsHow extreme today's positioning is compared with this group's own history.
Each group's current net position, rescaled 0–100 against its own high and low over the selected lookback. 0 = most bearish it has been in that window, 100 = most bullish. Unitless by design, so markets of very different sizes can be compared.
Leaning short, but not yet at an extreme.
Leaning long, but not yet at an extreme.
Leaning short, but not yet at an extreme.
Middle of its own historical range — nothing stretched.
COT Index = ((Current − Min) / (Max − Min)) × 100, over the last 3 years
Gap & Gap Index
contracts · index 0–100How far apart two trader groups are right now.
Gap = group A's net position minus group B's, measured in contracts. The Gap Index rescales that difference 0–100 against its own last 3 years: 0 = the two groups as close together as they get, 100 = as far apart as they get.
The gap sits in its normal historical range — nothing stretched.
Left axis: gap in contracts (positive = Leveraged funds is more net long than Asset managers). Right axis: gap index, 0–100. Gap tracks Leveraged funds − Asset managers.
Latest week by category
What each trader group was holding in the most recent report.
Positions as of Tuesday Jul 28, 2026, published Friday Jul 31, 2026, compared with the prior weekly report. Positive net = net long; negative net = net short. COT index is measured over the last 3 years.
| Category | Long (contracts) | Short (contracts) | Net (contracts) | Weekly change (contracts) | COT index (0–100, 3y) |
|---|---|---|---|---|---|
| Non-commercial (large specs) | 10,117 | 43,579 | -33,462 | +780 | 35 |
| Commercial (hedgers) | 84,049 | 36,473 | 47,576 | -693 | 77 |
| Asset managers | 4,725 | 44,926 | -40,201 | -2,643 | 28 |
| Leveraged funds | 10,272 | 19,919 | -9,647 | -750 | 46 |
Signal log — Asset managers
Every past signal in this market, and what price did afterwards.
Every rolling 8-week window classified as a bullish or bearish divergence, or as convergence where price and positioning agree. Price change is in percent; net change is in contracts.
Each row covers one stretch of weekly reports: the % is the price change over that stretch, the net figure is the change in the group's net position, in contracts.
- Convergence — healthy downtrendApr 28, 2026 → Jul 7, 2026price -3.2% · net position -5,774 contracts
- Bullish divergenceApr 7, 2026 → Jun 9, 2026price -1.7% · net position +5,537 contracts
- Convergence — healthy uptrendMar 10, 2026 → May 5, 2026price +2.2% · net position +16,750 contracts
- Bullish divergenceJan 27, 2026 → Apr 21, 2026price -1.6% · net position +15,602 contracts
- Bearish divergenceOct 28, 2025 → Mar 3, 2026price +3.1% · net position -16,715 contracts
- Convergence — healthy downtrendSep 23, 2025 → Nov 25, 2025price -1.4% · net position -8,215 contracts
- Bearish divergenceJul 29, 2025 → Sep 30, 2025price +1.9% · net position -3,523 contracts
- Convergence — healthy downtrendJul 1, 2025 → Aug 26, 2025price -1.5% · net position -2,674 contracts
- Bearish divergenceApr 22, 2025 → Jul 29, 2025price +2.3% · net position -10,315 contracts
- Convergence — healthy uptrendJan 14, 2025 → May 27, 2025price +10.8% · net position +11,733 contracts
- Convergence — healthy downtrendSep 3, 2024 → Jan 28, 2025price -7.1% · net position -17,111 contracts
- Bearish divergenceAug 13, 2024 → Oct 8, 2024price +1.5% · net position -2,676 contracts
Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.