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500

US500

As of 2026-09-08

−3Neutral

What smart money is doing

Comparing the latest COT report with the previous two. When large speculators keep adding shorts the bias is bearish; when they keep adding longs it is bullish.

S&P 500
−67,994−75,941−76,036
Adding shorts · bearish

S&P 500

Net−76,036−95
Long251,864+5,405
Short327,900+5,500

Signal components

  • COT positioning trend (last 3 reports)weight 1.00

The bias tracks the trend in COT positioning over the last three reports. Further inputs (seasonality and others) will appear here as they are added, each contributing to the composite bias by weight.