Dow Jones Mini Non-Commercial Speculator Positions:
Stock markets speculators lowered their bullish net positions in the Dow Jones Mini futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of Dow Jones Mini futures, traded by large speculators and hedge funds, totaled a net position of 62,311 contracts in the data reported through Tuesday January 23rd. This was a weekly decline of -7,405 contracts from the previous week which had a total of 69,716 net contracts.
Speculative bets have fallen two out of the last three weeks in the mini contract and have now remained under the +70,000 contract level for three straight weeks.
Dow Jones Mini Commercial Positions:
The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -77,091 contracts on the week. This was a weekly advance of 2,125 contracts from the total net of -79,216 contracts reported the previous week.
SPDR Dow Jones Industrial Average (NYSE:DIA) ETF:
Over the same weekly reporting time-frame, from Tuesday to Tuesday, the DIA ETF, which tracks the price of Dow Jones Index, closed at approximately $261.87 which was a rise of $4.06 from the previous close of $257.81, according to unofficial market data.