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E-Mini SP500 Futures COT: Shortest Position Since Dec 2011 ?
​November 10 ( From ​ Barchart )



E-Mini SP500 Futures COT: Shortest Position Since Dec 2011 ? $SPY  #Trading #Seasonalities #SP500 #cot

​The Situation

Quite a reversal in speculative positions from the Small Speculators;
​​​Small speculators reached on September 7 2015 week the Longest
​Position ever on the ​E-Mini SP500 Futures with 426.1k contracts. The
​previous high in terms ​of position was on the week of March 16 2015
​with 389.9k contracts as ​​shown by ​the chart below ( Blue Line -Ellipses ).
​And before that, the last ​peak was ​in March 10 2014 week with 328.1k
​contracts. ​It is the first​ ​peak done ​in September, the others mostly in March.


It went to the shortest positions this week for the Small Speculators
​with -69.3k contracts.
( See chart below - Bottom Panel - Ellipse )

​​​The big difference between now and  December 2011, ​back then, we had a huge correction in prices a few months before ​AND we were still above that Major Support Trendline that started ​back in December 2011:
not this time! ( See chart below - Thin Black Trendline )

​​​​​​And Seasonals for SP500 of the past five years are for a bearish trade til the 17th of November. 
( See second chart below )​​​

​​


Seasonality

​​Daily Chart - Seasonalities - Daily Performance in % of SP500 Index - Average of the past 5 years
November 1st pegged at 100


.( See chart below )
E-Mini SP500 Futures COT
Small Speculators ( Blue Line )​
Past 5 Years​
Financialiceberg.com