4 April 2025 | S&P 500

United States. CFTC S&P 500 speculative net positions. The value of the indicator has increased from -53.4K to -19K

A report on this calendar event is released weekly by the CFTC Commitment of Traders.

This indicator reflects the difference between the volumes of long and short positions on the S&P 500 opened by speculators (non-commercial traders). The dynamics of the indicator is a measure of speculators' sentiment. The indicator does not have a strong impact on the S&P 500 quotes and is considered by analysts in conjunction with other indicators.

Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the rise in quotes of S&P 500.

Marketcheese MarketCheese
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
18 September 2026 22
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
18 September 2026 19
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
17 September 2026 31
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
16 September 2026 48
Brent sell
Period: 15.10.2026 Expectation: 800 pips
Brent crude sell-off targets $95.80
16 September 2026 31
Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
15 September 2026 56
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