According to Investopedia, "The Commitment of Traders (COT) report is a weekly publication that shows the aggregate holdings of different participants in the U.S. futures market. Published every Friday by the Commodity Futures Trading Commission (CFTC) at 3:30 E.T., the COT report is a snapshot of the commitment of the classified trading groups as of Tuesday that same week.
What to look for:
Non commercials: According to the CFTC, a non commercial is someone who has no business activities related to a particular commodity in which they might have a position in the futures or options markets.
A bullish bias: Generally a trend of buying for 2-3 consecutive reportings for us is considered a healthy buying trend. Seeing this could add to our bullish bias on a market.
A bearish bias: Generally a trend of selling/shorting for 2-3 consecutive reportings for us is considered a healthy selling trend. Seeing this could add to our bearish bias on a market.
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