Positioning Observatory – COT
The metals take back the lead
The COT report dated August 4th places the centre of gravity of risk firmly in metals: copper at the 100th percentile, gold and silver in accumulation, while US…
Positioning & Flows
The Financial Spectator – Document Zero – Dark Pool & Institutional Flow Framework
The Zero Document defines the methodological framework for observing large prints and off-exchange institutional flows, framing them as contextual evidence rather than automatic directional signals.
The Rotation Within Risk
The July 28 COT report signals a rotation: risk shifts from metals to energy and grains, while Asset Managers bring to an end four weeks of…
Risk Shifts to Commodities
The COT report dated July 21 shifts the risk centre of gravity toward commodities: copper, corn and soybeans lead the week, while Asset Managers continue to…
Positioning remains selective
The 14 July COT report paints a multi-speed picture: gold and corn display the most orderly positioning structure, while US equity indices and energy shed net…
The rotation remains selective
The COT report dated 7 July depicts a still selective rotation: risk returns where fresh longs confirm the move, yet fails to extend across the broader…
The positioning realigns
The COT report dated June 30 captures a market selectively rebuilding risk: the Nasdaq 100, gold, and natural gas are attracting interest, while the S&P 500,…
Risk Changes Direction
The COT report dated June 23 captures a market in a phase of selective deleveraging: US indices, the euro, metals, and commodities display divergent dynamics spanning…
Document Zero – COT Report Framework
The COT Report Framework is designed to complement price analysis with a snapshot of aggregate positioning in futures markets, distinguishing meaningful participation from fragile movements.
HRL – Equity Positioning Report
HRL enters the coverage universe on the back of a Dark Pool Rank 1 signal at the lows of the trading range in place since October…