Dow Jones COT Positioning
How large traders are positioned in Dow Jones futures, straight from the weekly CFTC Commitments of Traders report. Updated within minutes of every Friday release.
What the positioning says
Leveraged funds are net short 1,731 contracts and added to that short position over the past week. That leaves positioning at the 86th percentile of its 52-week range — a crowded, stretched reading that has historically been vulnerable to a reversal.
WAVG reads this the same way every week across every market, names the factors behind the bias, and flags when positioning reaches an extreme that has historically preceded a turn.
What moves Dow Jones positioning
The E-mini Dow tracks 30 large, established companies with a value and cyclical tilt, so its positioning leans on the industrial and financial side of the economy rather than tech. The futures are smaller and less liquid than the S&P or Nasdaq, so fund positioning is thinner and can move sharply.
It is less rate-sensitive than the Nasdaq and more tied to the growth cycle and blue-chip earnings. Reading Dow positioning next to Nasdaq is a quick gauge of whether funds are favouring value or growth.
This week's report
| Trader group | Long | Short | Net |
|---|---|---|---|
| Leveraged funds | 10,471 | 12,202 | −1,731 |
| Asset managers | 15,318 | 9,791 | +5,527 |
| Dealers | 43,825 | 51,139 | −7,314 |
Contracts held long, short and net as of Sep 1, 2026 (published Sep 4, 2026). Source: CFTC.
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