USD Index (ICE US)
US Dollar Index positioning
Price series: US Dollar Index · positions as of Tuesday Sep 15, 2026, published Friday Sep 18, 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 long, but not yet at an extreme.
Leaning short, but not yet at an extreme.
Near the most bullish this group has been in the window.
Leaning short, but not yet at an extreme.
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.
Disagreement 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 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.
The two groups are unusually close together.
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) | 25,971 | 15,378 | 10,593 | -7,011 | 69 |
| Commercial (hedgers) | 13,186 | 25,420 | -12,234 | +6,954 | 31 |
| Asset managers | 17,514 | 1,712 | 15,802 | -542 | 81 |
| Leveraged funds | 12,118 | 17,027 | -4,909 | -11,095 | 39 |
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 downtrendJun 23, 2026 → Sep 8, 2026price -2.2% · net position -2,366 contracts
- Convergence — healthy uptrendApr 14, 2026 → Jul 21, 2026price +3.4% · net position +11,313 contracts
- Bullish divergenceMar 10, 2026 → May 5, 2026price -2.5% · net position +3,419 contracts
- Convergence — healthy uptrendJan 20, 2026 → Apr 7, 2026price +1.1% · net position +11,757 contracts
- Convergence — healthy downtrendNov 25, 2025 → Feb 10, 2026price -2.6% · net position -12,608 contracts
- Convergence — healthy uptrendSep 2, 2025 → Nov 25, 2025price +1.7% · net position +14,200 contracts
- Convergence — healthy downtrendJan 7, 2025 → Jul 22, 2025price -10.9% · net position -29,992 contracts
- Convergence — healthy uptrendAug 20, 2024 → Jan 28, 2025price +7.6% · net position +17,297 contracts
- Convergence — healthy downtrendJun 4, 2024 → Sep 24, 2024price -4.3% · net position -16,857 contracts
- Convergence — healthy uptrendDec 19, 2023 → May 7, 2024price +3.5% · net position +11,297 contracts
- Convergence — healthy downtrendSep 26, 2023 → Jan 2, 2024price -3.5% · net position -16,106 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.