Cocoa (ICE US)
Cocoa positioning
Price series: Cocoa futures (front month) · positions as of Tuesday Nov 3, 2026, published Friday Nov 6, 2026
This week · published Nov 6, 2026
Cocoa, week of Nov 3, 2026: Managed money sit at the 10th percentile of their 3-year range — near the most bearish of the past 3 years. They cut 1,313 net long contracts on the week. 8-week signal: no signal.
Signal log — Managed money
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 downtrendAug 4, 2026 → Nov 3, 2026price -10.4% · net position -7,583 contracts
- Bearish divergenceJul 28, 2026 → Sep 22, 2026price +4.1% · net position -7,633 contracts
- Convergence — healthy uptrendMay 12, 2026 → Aug 18, 2026price +49.7% · net position +541 contracts
- Bearish divergenceFeb 24, 2026 → Jun 16, 2026price +48.1% · net position -13,640 contracts
- Bullish divergenceJan 20, 2026 → Mar 17, 2026price -22.5% · net position +4,225 contracts
- Convergence — healthy downtrendDec 16, 2025 → Mar 3, 2026price -46.3% · net position +346 contracts
- Bullish divergenceDec 2, 2025 → Jan 27, 2026price -26.2% · net position +3,200 contracts
- Convergence — healthy downtrendOct 21, 2025 → Dec 30, 2025price -7.1% · net position -798 contracts
- Bearish divergenceOct 14, 2025 → Dec 9, 2025price +5.6% · net position -9,107 contracts
- Convergence — healthy downtrendMay 13, 2025 → Dec 2, 2025price -48.2% · net position -31,569 contracts
- Bullish divergenceApr 22, 2025 → Jun 17, 2025price -12.4% · net position +3,538 contracts
- Convergence — healthy uptrendMar 18, 2025 → Jun 10, 2025price +25.8% · net position +1,782 contracts
More in Ags & softs
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.