Pennsylvania Aec Tier 2-V2028 - Nodal Exchange

006NMX

AgricultureDisaggregated

Signal state

Bullish+40

8-Week Trend

8 weeks agoThis week

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+40%

Market History

Net Positioning History

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

Compare Markets

Pennsylvania Aec Tier 2-V2028 - Nodal Exchange — Managed Money — 6 Month Positioning Report
Report Date	Long Positions	Short Positions	Change in Longs	Change in Shorts	Net Positions	Net Change	% OI Long	% OI Short	Open Interest
Max	550	0	+300	+0	550	+300	3.8%	0.0%	18,140
Min	100	0	+0	+0	100	+0	0.8%	0.0%	12,650
13 Per. Avg	550	0	+0	+0	550	+0	3.4%	0.0%	16,384
Mar 24, 2026	550	0	+0	+0	550	+0	3.5%	0.0%	15,865
Mar 17, 2026	550	0	+0	+0	550	+0	3.3%	0.0%	16,915
Mar 10, 2026	550	0	+0	+0	550	+0	3.0%	0.0%	18,140
Mar 3, 2026	550	0	+0	+0	550	+0	3.1%	0.0%	17,540
Feb 24, 2026	550	0	+0	+0	550	+0	3.2%	0.0%	17,390
Feb 17, 2026	550	0	+0	+0	550	+0	3.2%	0.0%	16,980
Feb 10, 2026	550	0	+0	+0	550	+0	3.4%	0.0%	16,330
Feb 3, 2026	550	0	+0	+0	550	+0	3.4%	0.0%	16,280
Jan 27, 2026	550	0	+0	+0	550	+0	3.4%	0.0%	16,030
Jan 20, 2026	550	0	+0	+0	550	+0	3.4%	0.0%	16,030
Jan 13, 2026	550	0	+0	+0	550	+0	3.4%	0.0%	16,030
Dec 2, 2025	550	0	+0	+0	550	+0	3.7%	0.0%	14,730
Nov 25, 2025	550	0	+0	+0	550	+0	3.7%	0.0%	14,730
Nov 18, 2025	550	0	+300	+0	550	+300	3.8%	0.0%	14,590
Oct 28, 2025	250	0	+0	+0	250	+0	1.8%	0.0%	13,500
Oct 21, 2025	250	0	+0	+0	250	+0	1.9%	0.0%	12,900
Oct 14, 2025	250	0	+0	+0	250	+0	2.0%	0.0%	12,750
Oct 7, 2025	250	0	+150	+0	250	+150	2.0%	0.0%	12,650
Sep 30, 2025	100	0	+0	+0	100	+0	0.8%	0.0%	12,650
Sep 23, 2025	100	0	+0	+0	100	+0	0.8%	0.0%	12,650

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: 15,865 contractsWeek 1 of 20

Trader type	Long	Short	Net	Long % OI	Short % OI	Net % OI	WoW Δ Net
Managed Money Reference group used for the main bias model	550	0	550	+3.5%	+0.0%	+3.5%	+0
Producer Merchant	11,905	12,805	-900	+75.0%	+80.7%	-5.7%	-50
Swap Dealers	550	0	550	+3.5%	+0.0%	+3.5%	+0
Other Reportables	2,850	3,060	-210	+18.0%	+19.3%	-1.3%	+50
Nonreportable	10	0	10	+0.1%	+0.0%	+0.1%	+0

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 550 contracts.

Macro regime

Macro conditions are mostly neutral for Pennsylvania Aec Tier 2-V2028 - Nodal Exchange.

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.