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Live CFTC

Bbg Commodity - Chicago Board Of Trade

221602
RatesTFF

Signal state

Bullish+40

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+46 pts

Target Exposure

+40%

Market History

Net Positioning History

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

Compare Markets
Bbg Commodity - Chicago Board Of TradeLeveraged Funds — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max14,85819,609+4,391+5,4548,900+11,8286.6%9.4%249,760
Min3733,877-9,461-12,296-17,438-10,4970.2%1.6%183,456
13 Per. Avg6,8278,038+776-778-1,211+1,5552.8%3.7%231,222
May 26, 202612,4774,036-619-1608,441-4595.2%1.7%241,536
May 19, 202613,0964,196+916-1,2528,900+2,1685.4%1.7%244,049
May 12, 202612,1805,448-264+1,5716,732-1,8355.0%2.2%245,691
May 5, 202612,4443,877+3,100-4018,567+3,5015.0%1.6%249,760
Apr 28, 20269,3444,278-663-1,1085,066+4453.9%1.8%242,800
Apr 21, 202610,0075,386+2,273+1,0354,621+1,2384.1%2.2%245,694
Apr 14, 20267,7344,351+2,970-2293,383+3,1993.2%1.8%241,044
Apr 7, 20264,7644,580+4,391-1,639184+6,0302.0%1.9%236,799
Mar 31, 20263736,219-542+133-5,846-6750.2%2.7%233,947
Mar 24, 20269156,086-468-12,296-5,171+11,8280.5%3.0%199,792
Mar 17, 20261,38318,382-482+340-16,999-8220.7%8.7%210,539
Mar 10, 20261,86518,042-306-1,567-16,177+1,2610.9%8.8%204,858
Mar 3, 20262,17119,609-212+5,454-17,438-5,6661.0%9.4%209,381
Feb 24, 20262,38314,155+548+1,265-11,772-7171.2%7.1%198,615
Feb 17, 20261,83512,890+346+54-11,055+2920.9%6.5%197,403
Feb 10, 20261,48912,836-20+2,574-11,347-2,5940.8%6.6%195,393
Feb 3, 20261,50910,262-1,197+919-8,753-2,1160.8%5.6%183,456
Jan 27, 20262,7069,343+207-1,573-6,637+1,7801.4%5.0%188,271
Jan 20, 20262,49910,916+172+181-8,417-91.3%5.8%189,350
Jan 13, 20262,32710,735-9,461+1,036-8,408-10,4971.2%5.7%189,092
Jan 6, 202611,7889,699+10-1,7832,089+1,7935.8%4.8%204,353
Dec 30, 202511,77811,482-60-351296+2916.0%5.9%195,990
Dec 23, 202511,83811,833-1,190-9405-2506.0%6.0%196,725
Dec 16, 202513,02812,773-541+115255-6565.8%5.6%226,310
Dec 9, 202513,56912,658-1,289+807911-2,0966.0%5.6%227,836
Dec 2, 202514,85811,851+0+03,007+06.6%5.3%224,888

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.

May 26, 2026(Latest)
Open interest: 241,536 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Leveraged Funds

Reference group used for the main bias model

12,4774,0368,441+5.2%+1.7%+3.5%-459

Dealer Intermediary

129,298235,173-105,875+53.5%+97.4%-43.8%+2,148

Asset Manager

96,56789595,672+40.0%+0.4%+39.6%-1,587

Other Reportables

1,29201,292+0.5%+0.0%+0.5%-59

Nonreportable

50939470+0.2%+0.0%+0.2%-43

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 bullish. 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 supporting the current positioning.

Crowding

Positioning is noticeable but not yet extreme.

Current positioning

The market is leaning bullish. Positioning is noticeable but not yet extreme. Leveraged Funds is currently net long by 8,441 contracts.

Macro regime

Macro currents are clearly supportive for Bbg Commodity - Chicago Board Of Trade, with the broader regime reinforcing the current bias.

Replay summary

Constructive bullish regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are supporting the current positioning.

Risk layer

Veto reasons and caution flags

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

Price trend does not confirm positioning.