How to Use the COT Reports

Source of the Report: http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalCompressed/index.htm

Here are two videos teaching you how to use them:

In case if you don't know, inside the excel file, "NonRept_Positions_Long_All" (column V) is the long position of the commercials, and "NonRept_Positions_Short_All" (column W) is the short position. The difference between the two is the net long/short of the commercials.

Also, use the "futures and options" data instead of the "futures only" data.