What is the Dow Jones 30 COT report?

It is the weekly CFTC Commitments of Traders breakdown for DJIA x $5 (CBOT): how many long and short futures contracts each group of large traders held as of the prior Tuesday, published the following Friday.

How do you read Dow Jones 30 net positioning?

Net position is long contracts minus short contracts for one trader group. A positive net means the group leans bullish; the weekly change matters more than the raw level.

What does the Dow Jones 30 COT index mean?

The COT index rescales a group's net position 0-100 against its own high and low over the chosen lookback. Above 80 is close to the most bullish that group has been; below 20 is close to the most bearish.

What is a bearish divergence in Dow Jones 30?

A bearish divergence is Dow Jones Industrial Average making new highs while the tracked trader group reduces its net long position — the rally is losing the sponsorship of the money that usually drives it.

DJIA x $5 (CBOT)

Dow Jones 30 positioning

Price series: Dow Jones Industrial Average · positions as of Tuesday Sep 15, 2026, published Friday Sep 18, 2026

Last weekly close · Dow Jones Industrial Average

51,778

Asset managers net position (contracts)

7,934

No signalJul 21, 2026 → Sep 15, 2026 · 8-week window

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.

Price — Dow Jones Industrial Average

Net position (contracts) — Net position = long contracts minus short contracts. Above the zero line = net long.

Signal classification tracks bullish divergencebearish divergenceconvergence (healthy trend)

COT Index

0–100 · vs last 3 years

How 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.

Non-commercial (large specs)85 · stretched long

Near the most bullish this group has been in the window.

Commercial (hedgers)11 · stretched short

Near the most bearish this group has been in the window.

Asset managers58 · neutral

Middle of its own historical range — nothing stretched.

Leveraged funds50 · neutral

Middle of its own historical range — nothing stretched.

0 · most bearish50 · mid-range100 · most bullish

COT Index = ((Current − Min) / (Max − Min)) × 100, over the last 3 years

Method credit: the 0–100 normalization goes back to Larry Williams' COT work in the 1980s and was developed and popularized by Stephen Briese, author of The Commitments of Traders Bible.

Asset managers — COT index history (0–100, rolling 3 years window)

Disagreement Index

contracts · index 0–100

How far apart two trader groups are right now.

Gap = group A's net position minus group B's, measured in contracts. The Disagreement 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.

Disagreement Index · vs last 3 years

Disagreement sits in its normal historical range — nothing stretched.

Current gap (contracts)

-10,371 contracts

Left axis: gap in contracts (positive = Leveraged funds is more net long than Asset managers). Right axis: disagreement 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 Sep 15, 2026, published Friday Sep 18, 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)	25,749	10,846	14,903	-1,423	85
Commercial (hedgers)	58,327	77,265	-18,938	+1,642	11
Asset managers	16,814	8,880	7,934	-657	58
Leveraged funds	9,139	11,576	-2,437	+1,822	50

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.

Bearish divergenceJun 23, 2026 → Aug 18, 2026price +2.7% · net position -4,055 contracts
Convergence — healthy uptrendApr 21, 2026 → Aug 4, 2026price +9.8% · net position +2,881 contracts
Bearish divergenceMar 17, 2026 → Jun 9, 2026price +12.3% · net position -4,628 contracts
Convergence — healthy uptrendMar 3, 2026 → May 5, 2026price +4.4% · net position +4,723 contracts
Convergence — healthy downtrendFeb 10, 2026 → Apr 7, 2026price -3.2% · net position -9,864 contracts
Bullish divergenceFeb 3, 2026 → Mar 31, 2026price -7.2% · net position +1,840 contracts
Convergence — healthy downtrendJan 27, 2026 → Mar 24, 2026price -7.6% · net position -2,974 contracts
Bullish divergenceJan 20, 2026 → Mar 17, 2026price -7.2% · net position +3,578 contracts
Convergence — healthy downtrendJan 6, 2026 → Mar 10, 2026price -6.0% · net position -11,434 contracts
Bearish divergenceOct 28, 2025 → Feb 17, 2026price +4.3% · net position -12,777 contracts
Convergence — healthy uptrendAug 26, 2025 → Dec 9, 2025price +6.4% · net position +7,861 contracts
Bearish divergenceAug 5, 2025 → Sep 30, 2025price +5.8% · net position -1,823 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.