Rare signals when smart money opposes the crowd
This page shows the STRONGEST signals by requiring ALL THREE trader types to be at EXTREME levels (95/5) in alignment.
For non-equity markets: Bullish requires Commercials ≥95%, Large Specs ≤5%, Small Traders ≤5%. Bearish requires the opposite. These are rare but highly reliable setups when all traders align.
This page finds the rare moments when ALL three trader groups are positioned at extreme levels simultaneously. These are the strongest signals in COT analysis.
The COT Index converts raw positions into a 0-100 scale based on the last 3 years of data. A reading of 95 means positioning is higher than 95% of all readings in that period — extremely bullish.
Because all three groups must be at extremes at the same time, these signals only appear a few times per year across all markets. Historically, they've marked major turning points. The bar charts above show the current COT Index for each market, making it easy to spot which commodities are closest to generating a signal.