TRADEHIVE INSTITUTIONAL COT REPORT
E-MINI S&P 500 (ES)
WEEK ENDING: JUNE 2, 2026
CFTC Code #13874A
SUMMARY
This week’s ES COT report shows a meaningful expansion in open interest, but the internal structure remains defensive and fragile.
Open interest increased by +55,610, confirming fresh participation entered the market. However, the participant mix is not cleanly bullish.
The key shift:
- Asset managers reduced longs and added shorts.
- Leveraged funds added substantial short exposure again.
- Dealers reduced shorts materially, which eases some upside resistance.
- Retail added both longs and shorts.
This remains a compression / mixed-control environment, not confirmed institutional expansion. Full Report