Positioning watch: what are the crowds doing?

Crowded trades reverse violently; washed-out positions spring back. Reading positioning — from COT data, retail sentiment or flow reports — adds a contrarian layer to the macro view.

What are you seeing?

• the positioning data you follow
• the crowded trade that worries you
• the washed-out pair that tempts you

Background: risk-on risk-off explained for the mood mechanics.