S&P 500 Mini Speculators Trimmed Bearish Bets Last Week

Published 09/23/2019, 02:05 PM
Updated 07/09/2023, 06:31 AM
ESH25
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S&P 500 Mini Positions

S&P 500 Mini Non-Commercial Speculator Positions

Large stock market speculators cut back on their bearish net positions in the S&P 500 Mini futures markets last 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 S&P 500 Mini futures, traded by large speculators and hedge funds, totaled a net position of -11,704 contracts in the data reported through Tuesday September 17th. This was a weekly change of 4,658 net contracts from the previous week which had a total of -16,362 net contracts.

The week’s net position was the result of the gross bullish position (longs) ascending by 15,070 contracts (to a weekly total of 357,145 contracts) while the gross bearish position (shorts) rose by a lesser amount of 10,412 contracts for the week (to a total of 368,849 contracts).

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