E-mini Dow ($5) COT Report — Net Positioning
E-mini Dow ($5) futures · CBOT · CFTC contract code 124603
Latest positioning
Week ending 8 September 2026 · cut 1,002 on the week · open interest 89,114 (+2,187)
Net speculative position — last 52 weeks
The current reading sits in the 87th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 87% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.
All three cohorts
| Category | Net position | Week change |
|---|---|---|
| Large speculatorsFunds and managed money | +16,326 | -1,002 |
| CommercialsProducers, users and banks hedging physical exposure | -20,580 | +267 |
| Small tradersBelow the CFTC reporting threshold | +4,254 | — |
The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.
Weekly history
| Week ending | Specs net | Open interest |
|---|---|---|
| 8 Sep 2026 | +16,326 | 89,114 |
| 1 Sep 2026 | +17,328 | 86,927 |
| 25 Aug 2026 | +15,557 | 88,454 |
| 18 Aug 2026 | +17,681 | 90,072 |
| 11 Aug 2026 | +18,475 | 89,844 |
| 4 Aug 2026 | +20,051 | 91,653 |
| 28 Jul 2026 | +16,339 | 83,013 |
| 21 Jul 2026 | +13,927 | 82,002 |
| 14 Jul 2026 | +13,204 | 76,483 |
| 7 Jul 2026 | +11,480 | 79,726 |
| 30 Jun 2026 | +12,069 | 83,306 |
| 23 Jun 2026 | +9,474 | 78,956 |
| 16 Jun 2026 | +2,867 | 103,128 |
| 9 Jun 2026 | -2,019 | 79,613 |
| 2 Jun 2026 | -4,457 | 81,760 |
| 26 May 2026 | -7,762 | 81,105 |
| 19 May 2026 | -8,491 | 82,825 |
| 12 May 2026 | -2,889 | 81,940 |
| 5 May 2026 | -1,174 | 78,430 |
| 28 Apr 2026 | -2,290 | 74,874 |
| 21 Apr 2026 | -2,997 | 71,200 |
| 14 Apr 2026 | -5,076 | 68,873 |
| 7 Apr 2026 | -9,574 | 68,557 |
| 31 Mar 2026 | -5,042 | 68,213 |
| 24 Mar 2026 | -6,563 | 67,922 |
| 17 Mar 2026 | -720 | 91,467 |
| 10 Mar 2026 | -2,116 | 71,187 |
| 3 Mar 2026 | -1,340 | 71,894 |
| 24 Feb 2026 | +2,440 | 69,944 |
| 17 Feb 2026 | -1,535 | 68,377 |
| 10 Feb 2026 | +1,465 | 72,216 |
| 3 Feb 2026 | +1,047 | 70,011 |
| 27 Jan 2026 | +1,144 | 70,906 |
| 20 Jan 2026 | -3,271 | 70,237 |
| 13 Jan 2026 | +637 | 68,752 |
| 6 Jan 2026 | +4,107 | 66,021 |
| 30 Dec 2025 | -490 | 61,375 |
| 23 Dec 2025 | -130 | 61,462 |
| 16 Dec 2025 | -16,974 | 90,249 |
| 9 Dec 2025 | -18,178 | 83,015 |
| 2 Dec 2025 | -19,749 | 82,132 |
| 25 Nov 2025 | -21,013 | 83,199 |
| 18 Nov 2025 | -18,061 | 82,876 |
| 10 Nov 2025 | -13,766 | 81,781 |
| 4 Nov 2025 | -11,698 | 86,448 |
| 28 Oct 2025 | -9,212 | 90,629 |
| 21 Oct 2025 | -11,261 | 90,396 |
| 14 Oct 2025 | -13,625 | 85,017 |
| 7 Oct 2025 | -12,680 | 82,515 |
| 30 Sep 2025 | -14,729 | 78,830 |
| 23 Sep 2025 | +23 | 78,112 |
| 16 Sep 2025 | -9,343 | 98,350 |
Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.