NASDAQ-100 COT Report: Positions by Trader Category as of December 10, 2024
Source: CFTC Financial Future Report
Publication Date: Commitment of Traders (COT) report is typically updated weekly. It is released every Friday by the U.S. Commodity Futures Trading Commission (CFTC), with data reflecting positions held by traders as of the previous Tuesday.
Region: Worldwide
Survey time period: 10th December 2024
Disclaimer: This is for educational purpose and is not a financial advice. Trade at your own risk.
Market Sentiments on NASDAQ-100 Futures Positions (as of December 10, 2024)
The weekly changes in long and short positions reveal shifts in market sentiment among different trader categories. Here's a breakdown:
Dealer Intermediary
- Weekly Change (Long): -8,373
- Weekly Change (Short): +491
Dealers significantly reduced their long positions while slightly increasing their short positions. This indicates a bearish sentiment, possibly anticipating a market downturn.
Asset Manager/Institutional
- Weekly Change (Long): -1,096
- Weekly Change (Short): -1,391
Institutional investors trimmed both long and short positions, signaling a cautious stance. This group appears to be de-risking amidst uncertainty.
Leveraged Funds
- Weekly Change (Long): +662
- Weekly Change (Short): -2,835
Leveraged funds increased their long positions and substantially reduced shorts, reflecting a shift towards bullish sentiment. This could indicate confidence in a market recovery or short-covering activity.
Other Reportables
- Weekly Change (Long): +999
- Weekly Change (Short): -771
This group showed a moderate increase in long positions and a reduction in shorts, aligning with a slightly bullish outlook.
Nonreportable Positions
- Weekly Change (Long): +3,114
- Weekly Change (Short): -188
Nonreportable traders (typically retail or small investors) significantly increased their long positions and marginally reduced shorts. This reflects optimism, possibly driven by recent market movements or sentiment-driven trading.
Overall Sentiment
The data indicates mixed sentiment:
- Bearish: Dealer Intermediaries.
- Neutral to Cautious: Asset Managers.
- Bullish: Leveraged Funds, Other Reportables, and Nonreportable Positions.
This week's changes suggest a tug-of-war between caution among institutional players and optimism among retail and speculative traders.
