Will the new aggregated COT report help small speculators?
Many traders asked to explain what is changing on the COT report and how it may help them trade. The previous COT report (and currently still the one on the weekly charts below) presents “commercials” in the same category with swap dealers. The new aggregated report separates the swap dealers into their own category (something they fought to stop from happening). I will refer to the processors, producers, merchants, and users as TC (true commercials) and SD (Swap Dealers) below. All numbers below reflect number of contracts.