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500

US500

As of 2026-07-21

+8Neutral

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
−42,891−38,938−16,784
Adding longs · bullish

S&P 500

Net−16,784+22,154
Long256,150−285
Short272,934−22,439

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.