Commitment of Traders data on the S&P 500 has commercials LONG. But the opposite is true on the S & P 500 MINI. Can I just confirm that this is probably due to commercial traders on the mini being smaller? Thus, I should go LONG because the smart money is trading the S & P 500, not the mini.
The SP big contract is going away. Actually I thought that had happened already. Maybe it is happening tomorrow? There is definitely going to be some skew. And soon, *poof* it will be gone.
This is called the data analysis paralysis problem. Simply hide the COT data, and just focus on the S&P chart and that should fix the problem.
Meanwhile a majority of big money has been in the eMini all these years - even after factoring in 1/5th the size