COT Reports / Indices / ES

S&P 500 E-Mini (ES): COT Report & Analysis ES

Track how "Smart Money" institutions are positioning themselves in S&P 500 E-Mini (ES). By analyzing the latest Commitments of Traders (COT) data from the E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE, with sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About S&P 500 E-Mini (ES)

The S&P 500 Index tracks the performance of 500 of the largest publicly traded companies in the United States. Widely regarded as the best single gauge of large-cap US equities, it serves as the foundation for modern portfolio theory. Covering approximately 80% of available market capitalization, it is a reliable indicator of overall US economic health.

What are Index Futures?
Index futures allow trading the broader stock market. They are primarily used for hedging portfolios or speculating on market direction.

Contract Sizes
- Standard: The original, large-size contracts. These are largely obsolete today and extremely illiquid.
- E-Mini: 1/5th the size of a standard contract. This forms the vast majority of all market volume and is the primary focus of institutional and retail traders.
- Micro E-Mini: 1/10th the size of an E-Mini, enabling broader democratic access for retail traders.

Market Sentiment
Increasing Bullish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
-193,978
▲ 5.7%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bearish

COT Charts

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 16, 2026 Bearish -193,978 262,370 456,348 1,944,552 1,884,349
Jun 09, 2026 Bearish -205,644 267,483 473,127 1,605,755 1,515,095
Jun 02, 2026 Bearish -220,768 269,402 490,170 1,564,176 1,454,102
May 26, 2026 Bearish -165,831 254,188 420,019 1,532,352 1,477,423
May 19, 2026 Bearish -140,605 270,382 410,987 1,494,005 1,455,197
May 12, 2026 Bearish -143,835 265,505 409,340 1,493,830 1,446,018
May 05, 2026 Bearish -103,885 256,838 360,723 1,441,704 1,425,342
Apr 28, 2026 Bearish -101,440 244,296 345,736 1,426,842 1,417,891
Apr 21, 2026 Bearish -110,106 235,119 345,225 1,442,422 1,424,075
Apr 14, 2026 Bearish -115,762 236,683 352,445 1,448,311 1,402,643
Apr 07, 2026 Bearish -45,666 233,095 278,761 1,415,196 1,432,724
Mar 31, 2026 Bearish -42,479 241,389 283,868 1,428,901 1,461,799
Mar 24, 2026 Bearish -80,891 214,137 295,028 1,391,430 1,394,751
Mar 17, 2026 Bearish -113,057 208,531 321,588 1,744,037 1,724,917
Mar 10, 2026 Bearish -134,505 198,229 332,734 1,486,880 1,429,758