The Problem
- A breakout into crowded longs is not the same trade as one into crowded shorts.
- Raw CFTC report files are unreadable and don't line up against price.
- Net contracts alone tell you nothing about whether positioning is extreme.
How ORBit Fixes It
- Net positioning by trader category, back to 2008 — overlaid on the price.
- A 0–100 COT Index normalises each category against its own 3-year range.
- Solo any category, shade the extremes, and see where positioning sits today.
Live demo — real CFTC positioning over eighteen years
Click any category to see where the big positions sit
The COT Index on Nasdaq futures, by trader category, weekly since 2008. Each line is normalised 0-100 against the prior three years, so a reading near 100 means that category is at its most-long in three years; near 0, its most-short. Click any category to switch the chart to its line.
NQ · COT Index 0-100 · 3-year rolling normalisation — weekly reports · CFTC Traders in Financial Futures
The full COT panel does this for every instrument, plus a 0–100 COT Index, plus a single click to filter your entire ORB setup by where positioning sits.
Nasdaq is free with a free account.