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Live CFTC

Argus Far East Propane - Ice Futures Energy Div

066413
AgricultureDisaggregated

Signal state

Bearish-28

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+8 pts

Target Exposure

-28%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Argus Far East Propane - Ice Futures Energy Div — Managed Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max9,8448,558+9,766+7,6312,213+2,13567.3%57.3%17,341
Min00-9,191-7,030-987-2,1610.0%0.0%12,716
13 Per. Avg3,7533,430-6+5323-1126.6%24.3%13,861
Mar 24, 2026067+0+6-67-60.0%0.5%14,250
Mar 17, 2026061+0+0-61+00.0%0.4%13,743
Mar 10, 2026061+0+15-61-150.0%0.5%13,168
Mar 3, 2026046-674-1,299-46+6250.0%0.4%13,015
Feb 24, 20266741,345+89-5-671+944.6%9.2%14,688
Feb 17, 20265851,350-69+33-765-1024.2%9.7%13,899
Feb 10, 20266541,317+113-211-663+3244.9%9.8%13,496
Feb 3, 20265411,528-9,191-7,030-987-2,1614.0%11.4%13,354
Jan 27, 20269,7328,558+52+1201,174-6864.8%57.0%15,011
Jan 20, 20269,6808,438+859+1,0621,242-20365.7%57.3%14,729
Jan 13, 20268,8217,376+562+5601,445+265.3%54.6%13,511
Jan 6, 20268,2596,816-1,585-8151,443-77065.0%53.6%12,716
Dec 30, 20259,8447,631+9,766+7,6312,213+2,13567.3%52.2%14,616
Dec 23, 2025780+0+078+00.5%0.0%14,442
Dec 16, 2025780-15+078-150.6%0.0%13,802
Dec 9, 2025930+0+093+00.7%0.0%13,205
Dec 2, 2025930-9+093-90.7%0.0%12,937
Nov 25, 20251020-15+0102-150.7%0.0%14,546
Nov 18, 20251170+0+0117+00.8%0.0%14,329
Nov 10, 20251170-12+0117-120.9%0.0%13,834
Nov 4, 20251290-6+0129-60.9%0.0%13,510
Oct 28, 20251350+0+0135+00.9%0.0%15,628
Oct 21, 20251350+0+0135+00.9%0.0%15,276
Oct 14, 20251350+0+0135+00.9%0.0%15,575
Oct 7, 20251350+0+0135+00.9%0.0%15,063
Sep 30, 20251350+0+0135+00.8%0.0%17,341

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Mar 24, 2026(Latest)
Open interest: 14,250 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

067-67+0.0%+0.5%-0.5%-6

Swap Dealers

5491,024-475+3.9%+7.2%-3.3%-34

Other Reportables

1,166737429+8.2%+5.2%+3.0%+69

Nonreportable

1,2231,064159+8.6%+7.5%+1.1%-8

Producer Merchant

9,2169,262-46+64.7%+65.0%-0.3%-21

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bearish. This week looks steady versus the recent range.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are mostly neutral right now.

Crowding

Traders are heavily crowded short.

Current positioning

The market is leaning bearish. Traders are heavily crowded short. Managed Money is currently net short by 67 contracts.

Macro regime

Macro conditions are mostly neutral for Argus Far East Propane - Ice Futures Energy Div.

Replay summary

Constructive bearish regime. The market is leaning bearish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Extreme crowding — squeeze risk elevated.
Price trend does not confirm positioning.
Macro environment is not supportive.