The latest Commitments of Traders report was released, covering positions through Tuesday
The 3-Year Min/Max Screen shows that "smart money" hedgers didn't establish any new multi-year extremes in the last week. Most contracts showed only very minor changes, almost like a holiday-shortened week. In the major equity index futures, hedgers sold a bit more but still have a neutral position. They added their short exposure to gold by a small amount, with positioning still in the middle of the long-term range. They continue to have some of their largest relative short positions in agriculture contracts.
