Commitment of Traders (COT) Reports - 02/22/2011

Against the odds, speculative (non-commercial) positions in the S&P 500 e-minis are on the rise for the second week in a row, brushing off unrest in the Middle East and northern Africa. Speaking of unrest, it should come as no surprise to see the spike in Crude positions. But what is surprising, are the new lows in net short positions for ten year Notes and the JPY - both often considered safe havens, albeit for different reasons.

As always, click on the images to enlarge, and enjoy!