Net speculative positions in S&P 500 futures became slightly less bearish in the latest reporting period, according to fresh data from the U.S. Commodity Futures Trading Commission (CFTC). As of 06 November 2026, net speculative positioning stood at -129.4K contracts, compared with -134.4K previously.
The shift indicates that while traders remain net short on the S&P 500, some bearish bets have been pared back. The modest reduction in net short positions suggests a cautious improvement in sentiment toward U.S. equities, though positioning still reflects an overall defensive stance among speculative market participants.
