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COT report of 15 Sep 2026

Where the large speculators (hedge funds, CTAs: "smart money") stood in the futures of 15 main markets on 15 Sep 2026, from the CFTC Commitments of Traders report released on 18 Sep 2026. Updated automatically every week.

Report date 2026-09-15 · released 2026-09-18 · source: CFTC, legacy futures-only report

Biggest changes that week: Copper (smart money -17,342 contracts); USDJPY (smart money +109,563 contracts); Bitcoin (smart money +944 contracts).
MarketSmart money netChange on the weekCOT index (13 weeks)Open interest
Gold
Smart money is net long 230,338 contracts, cutting 1,622 on the week; the position is near the top of its 13-week range.
230,338-1,62279%409,899
Silver
Smart money is net long 25,326 contracts, cutting 723 on the week; the position is in the middle of its 13-week range.
25,326-72354%103,745
Copper biggest change
Smart money is net long 75,134 contracts, cutting 17,342 on the week; the position is in the middle of its 13-week range.
75,134-17,34239%289,463
WTI Crude Oil
Smart money is net long 135,905 contracts, cutting 674 on the week; the position is at the top of its 13-week range.
135,905-67499%1,955,764
Natural Gas
Smart money is net short 221,587 contracts, adding 1,820 on the week; the position is at the bottom of its 13-week range.
-221,587-1,8200%1,820,003
S&P 500
Smart money is net short 100,461 contracts, adding 24,425 on the week; the position is at the bottom of its 13-week range.
-100,461-24,4250%2,446,519
Nasdaq 100
Smart money is net long 33,718 contracts, adding 12,823 on the week; the position is at the top of its 13-week range.
33,718+12,823100%325,784
Dow Jones 30
Smart money is net long 14,903 contracts, cutting 1,423 on the week; the position is in the middle of its 13-week range.
14,903-1,42351%101,191
US 10Y Note
Smart money is net short 821,236 contracts, covering 13,547 on the week; the position is at the top of its 13-week range.
-821,236+13,54793%5,377,777
EURUSD
Smart money is net short 26,993 contracts, covering 15,623 on the week; the position is in the middle of its 13-week range.
-26,993+15,62344%920,035
GBPUSD
Smart money is net short 58,715 contracts, covering 121 on the week; the position is near the top of its 13-week range.
-58,715+12177%314,293
USDJPY biggest change
Smart money is net long 120,359 contracts, adding 109,563 on the week; the position is at the top of its 13-week range. These are positions in the Japanese yen future, which moves the opposite way to USDJPY.
120,359+109,563100%542,802
AUDUSD
Smart money is net short 38,906 contracts, adding 4,036 on the week; the position is near the bottom of its 13-week range.
-38,906-4,03618%493,141
USDCAD
Smart money is net short 37,577 contracts, covering 32,922 on the week; the position is at the top of its 13-week range. These are positions in the Canadian dollar future, which moves the opposite way to USDCAD.
-37,577+32,922100%358,186
Bitcoin biggest change
Smart money is net long 2,468 contracts, adding 944 on the week; the position is in the middle of its 13-week range.
2,468+94455%20,773

Smart money = CFTC non-commercial traders. Net = long − short contracts. COT index = where the net position sits in its last 13 weekly reports (0% lowest, 100% highest). Market names link to our guide for that market.

How to read this table

  • Net above zero means the large speculators hold more long than short contracts; below zero, more short.
  • Change on the week shows whether they added to or cut that position since the report before.
  • COT index near 100% or 0% means the position is at an extreme of its recent range; extremes matter more than the raw number.
  • The report shows Tuesday's positions and comes out on Friday, so it describes the big picture, not the day.

New to the report? Read how to read the COT report, also in Urdu and Hindi, or the COT index explained.

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Positioning data for education, not investment advice. It shows what large traders held, not where prices will go. Trading carries a high risk of loss.