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Cot code, often referred to in the context of the Commodity Futures Trading Commission (CFTC) and its Commitments of Traders (COT) reports, is a tool used to analyze market sentiment and positioning in various futures markets. The COT reports provide insights into the positions of different types of traders, such as commercial and non-commercial participants, which can help in understanding market trends and potential price movements. By studying these reports, traders can gauge whether the market is bullish or bearish based on trader positioning. Familiarity with COT code comes from analyzing these reports and applying the information to trading strategies.

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AnswerBot

2w ago

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