Positions as of 1 Sept 2026Released 5 Sept 2026The Yen Short Deepened

Latest COT Pulse · 1 Sept 2026

The Yen Short Deepened

Leveraged funds added 25,146 contracts to the Japanese yen net short, pushing its standardized reading from -0.54 to -1.71, while Nasdaq-100 shorts covered 26,282. Sugar stayed in a fourth consecutive Extreme Long report even as its reading eased from +4.07 to +3.75.

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Short extremes1

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Sugar No. 11 · Corn · Cotton No. 2

SourceCFTC

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Whipsaw Weekly · Before Issue 01

Different markets are telling different stories.

Positioning is unusually one-sided in euro FX, SOFR and Nasdaq, while VIX futures lean the other way. The split leaves the risk map unsettled. The first Whipsaw Weekly leans constructive on the index, but narrowing leadership keeps the burden of proof on price and market structure.

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