Latest reading (week of 21 July 2026): crowded short
Leveraged Funds are net short 74,690 contracts, 1st percentile of the last 3 years (crowded short). Dealer/Intermediary are at the opposite extreme — classic crowding setup.
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Positioning data describes what large traders held as of the report date, published with a lag. It is a crowding and context gauge, not a trade recommendation. Nothing here is investment advice. Source: CFTC (public domain).