May 30th Cot report looks interesting

Zaktualizowano
Based on the COT report data, the changes in commercial positions are as follows:

Long positions: Increased by 83 contracts
Short positions: Decreased by 538 contracts
To calculate the net positions, you subtract the short positions from the long positions. In this case, the net positions for commercials can be calculated as follows:

Net positions = Long positions - Short positions
Net positions = 83 - (-538)
Net positions = 621


Therefore, the net positions for commercials are 621 contracts. It indicates an increase in net long positions for commercials, not net short positions.

Based on the provided COT report data, the changes in non-commercial positions are as follows:

Long positions: Decreased by 1,084 contracts
Short positions: Decreased by 378 contracts
To calculate the net positions, you subtract the short positions from the long positions. In this case, the net positions for non-commercials can be calculated as follows:

Net positions = Long positions - Short positions
Net positions = -1,084 - (-378)
Net positions = -706


Therefore, the net positions for non-commercials are -706 contracts. It indicates a decrease in net long positions for non-commercials, but keep in mind that the value is negative, indicating a net short position for non-commercials in this case.

Let's analyze the data for Bitcoin Micro (Code-133742) based on the provided COT report:

Total open interest: 6,569 contracts
Non-Commercial Positions:

Long positions: 3,803 contracts
Short positions: 5,543 contracts
Spreading positions: 214 contracts
Commercial Positions:

Long positions: 145 contracts
Short positions: 0 contracts
Net Positions:
To calculate the net positions, you subtract the short positions from the long positions. In this case, the net positions for non-commercials can be calculated as follows:

Net positions = Long positions - Short positions
Net positions = 3,803 - 5,543
Net positions = -1,740

Therefore, the net positions for non-commercials in Bitcoin Micro are -1,740 contracts, indicating a net short position.

Changes from May 23, 2023:

Long positions: Decreased by 2,596 contracts
Short positions: Decreased by 2,412 contracts
Percent of Open Interest:

Non-commercial long positions: 57.9% of open interest
Non-commercial short positions: 84.4% of open interest
Commercial long positions: 3.3% of open interest
Commercial short positions: 2.2% of open interest
Number of Traders:

Non-commercial traders: 50
Commercial traders: 31
Percent of Open Interest Held by the Largest Traders:

Long positions: 14.8% held by 4 or less traders, 24.4% held by 8 or less traders
Short positions: 60.3% held by 4 or less traders, 72.7% held by 8 or less traders
Overall, the COT report suggests that non-commercial traders in Bitcoin Micro have a net short position, and there has been a decrease in both long and short positions compared to the previous reporting period.
Uwaga
Drop a like if you like what you are reading Cheers
COTreportTrend Analysis

Również na:

Wyłączenie odpowiedzialności