COT report · positions as of 6 October 2026 · published 9 Oct
COT report: what changed in the week of 6 October 2026
In the CFTC report for positions as of 6 October 2026, published 9 October, the biggest change was in copper: speculators sold 16,924 contracts net, 35.8% of its one-year range, leaving them net long at 61,134. Read on WatchTower Terminal from the CFTC's own figures.
The biggest changes
Copper: speculators sold 16,924 contracts net, taking them to 61,134 (net long), a move of 35.8% of the past year's range.
Copper COT positioningWTI crude: speculators sold 25,994 contracts net, taking them to 53,598 (net long), a move of 17.5% of the past year's range.
WTI Crude COT positioningThe Dow: speculators bought 4,687 contracts net, taking them to 19,622 (net long), a move of 17.5% of the past year's range, and the most long reading of the year.
Dow Jones COT positioningGold: speculators sold 9,331 contracts net, taking them to 110,987 (net long), a move of 17% of the past year's range.
Gold COT positioningThe pound: speculators bought 7,826 contracts net, taking them to 12,432 (net long), a move of 15.9% of the past year's range.
British Pound COT positioning
At a one-year extreme: Dow Jones (most long), Palladium (most short).
Every market, week of 6 October
| Market | Net speculative position | Change on the week | Where in its year |
|---|---|---|---|
| Australian Dollar | 54,133 net long | −6,4597.3% of range | 82%inside the range |
| British Pound | 12,432 net long | +7,82615.9% of range | 28%inside the range |
| Canadian Dollar | −79,625 net short | −9,98114.1% of range | 32%inside the range |
| Copper | 61,134 net long | −16,92435.8% of range | 55%inside the range |
| Dow Jones | 19,622 net long | +4,68717.5% of range | 100%near the year’s most long |
| Euro | −44,261 net short | −4,9964.1% of range | 17%inside the range |
| Gold | 110,987 net long | −9,33117% of range | 39%inside the range |
| Japanese Yen | −25,043 net short | −10,8827.9% of range | 65%inside the range |
| Mexican Peso | 74,927 net long | −5,66012.4% of range | 67%inside the range |
| Nasdaq 100 | 73,798 net long | +4,0549.6% of range | 56%inside the range |
| New Zealand Dollar | −787 net short | +2790.7% of range | 85%inside the range |
| Nikkei 225 | 6,584 net long | +3233.5% of range | 85%inside the range |
| Palladium | −9,385 net short | −1,42313.6% of range | 0%near the year’s most short |
| Platinum | 8,475 net long | +2191.4% of range | 47%inside the range |
| S&P 500 | 906,615 net long | +2,6121.5% of range | 16%inside the range |
| Silver | 7,528 net long | −860.4% of range | 14%inside the range |
| Swiss Franc | −11,350 net short | +2,64512.6% of range | 24%inside the range |
| US Dollar | 864 net long | +5031.5% of range | 75%inside the range |
| WTI Crude | 53,598 net long | −25,99417.5% of range | 61%inside the range |
Net speculative position is non-commercial longs minus shorts, in contracts, from the CFTC Commitments of Traders report for positions as of 6 October 2026, published 9 October 2026. "Where in its year" puts the position between the lowest (0%) and highest (100%) net reading of the past 52 weeks. Contract sizes differ by market, so the change is also given as a share of that range.
Questions
What changed most in the COT report of 6 October 2026?
Copper: speculators sold 16,924 contracts net, taking them to 61,134 (net long), a move of 35.8% of the past year's range. WTI crude: speculators sold 25,994 contracts net, taking them to 53,598 (net long), a move of 17.5% of the past year's range. The Dow: speculators bought 4,687 contracts net, taking them to 19,622 (net long), a move of 17.5% of the past year's range, and the most long reading of the year.
Which markets are at a positioning extreme?
As of 6 October 2026, speculators were at their most long of the past year in the Dow, most short of the past year in palladium.
When is the COT report released?
The CFTC publishes the Commitments of Traders report on Friday afternoon (3:30pm New York time), for positions as of the Tuesday before. This week's positions were taken on 6 October 2026 and published on 9 October 2026.
How should the COT report be read?
As a picture of how speculative money is positioned, not as a timing tool. A position near its one-year extreme says the trade is crowded, which matters most when the story behind it changes. WatchTower Terminal folds the level and the weekly flow into each market's composite score.
In WatchTower Terminal the COT positioning panel carries three years of history per market, beside retail positioning; the terminal is $10 for the first month. Nothing here is financial advice.