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Live CFTC

Ercot Houston 345Kv Rt Off Fix - Ice Futures Energy Div

06439Q
AgricultureDisaggregated

Signal state

Bullish+43

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+43%

Market History

Net Positioning History

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

Compare Markets
Ercot Houston 345Kv Rt Off Fix - 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
Max4,639275+1,914+2754,639+1,91411.1%0.7%41,732
Min1,8100-351-2751,810-3515.0%0.0%34,535
13 Per. Avg2,39642+190+02,354+1906.2%0.1%37,960
Mar 24, 20264,6390+1,914+04,639+1,91411.1%0.0%41,732
Mar 17, 20262,7250+0+02,725+06.9%0.0%39,582
Mar 10, 20262,7250-35-2752,725+2406.9%0.0%39,610
Mar 3, 20262,760275-300+02,485-3006.7%0.7%41,425
Feb 24, 20263,060275+1,250+2752,785+9757.4%0.7%41,335
Feb 17, 20261,8100+0+01,810+05.2%0.0%34,535
Feb 10, 20261,8100-10+01,810-105.2%0.0%34,560
Feb 3, 20261,8200+0+01,820+05.0%0.0%36,172
Jan 27, 20261,8200+0+01,820+05.0%0.0%36,328
Jan 20, 20261,8200+0+01,820+05.0%0.0%36,308
Jan 13, 20261,8200-351+01,820-3515.0%0.0%36,383
Jan 6, 20262,1710+0+02,171+05.7%0.0%37,858
Dec 30, 20252,1710+0+02,171+05.8%0.0%37,658
Dec 23, 20252,1710-30+02,171-305.8%0.0%37,658
Dec 16, 20252,2010+0+02,201+05.9%0.0%37,349
Dec 9, 20252,2010-301+02,201-3015.9%0.0%37,459
Dec 2, 20252,5020+0+02,502+06.4%0.0%38,936
Nov 25, 20252,5020+0+02,502+06.4%0.0%38,900
Nov 18, 20252,5020+0+02,502+06.5%0.0%38,535
Nov 10, 20252,5020-351+02,502-3516.5%0.0%38,310
Nov 4, 20252,8530+400+02,853+4007.2%0.0%39,392
Oct 28, 20252,4530+200+02,453+2006.3%0.0%38,897
Oct 21, 20252,2530+0+02,253+05.9%0.0%38,433
Oct 14, 20252,2530-186+02,253-1866.0%0.0%37,668
Oct 7, 20252,4390+0+02,439+06.3%0.0%38,518
Sep 30, 20252,4390+0+02,439+06.4%0.0%38,266

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: 41,732 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

4,63904,639+11.1%+0.0%+11.1%+1,914

Producer Merchant

22,35134,760-12,409+53.6%+83.3%-29.7%-2,540

Other Reportables

7,72507,725+18.5%+0.0%+18.5%+1,226

Nonreportable

2470247+0.6%+0.0%+0.6%+0

Swap Dealers

3,4503,652-202+8.3%+8.8%-0.5%-600

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

Bullish positioning is building. This week's COT print is more bullish than the prior week.

Trend check

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

Macro check

Macro conditions are mostly neutral right now.

Crowding

Crowding is elevated, so conviction is high but squeeze risk is rising.

Current positioning

Bullish positioning is building. Crowding is elevated, so conviction is high but squeeze risk is rising. Managed Money is currently net long by 4,639 contracts.

Macro regime

Macro conditions are mostly neutral for Ercot Houston 345Kv Rt Off Fix - Ice Futures Energy Div.

Replay summary

Constructive bullish regime. Bullish positioning is building. 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.

Price trend does not confirm positioning.