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Live CFTC

Pjm.Pseg_Month_Off_Dap - Nodal Exchange

064EXF
AgricultureDisaggregated

Signal state

Neutral-21

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+8 pts

Target Exposure

-21%

Market History

Net Positioning History

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

Compare Markets
Pjm.Pseg_Month_Off_Dap - Nodal Exchange — Managed Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max2,595580+150+4802,595+3003.3%0.8%96,376
Min2,2450-100-3301,815-5552.4%0.0%76,261
13 Per. Avg2,3890+8+02,389+82.7%0.0%87,418
Mar 24, 20262,5000+0+02,500+02.8%0.0%90,642
Mar 17, 20262,5000+0+02,500+02.7%0.0%91,761
Mar 10, 20262,5000+150+02,500+1502.7%0.0%91,521
Mar 3, 20262,3500-45+02,350-452.4%0.0%96,376
Feb 24, 20262,3950+0+02,395+02.5%0.0%96,144
Feb 17, 20262,3950+0+02,395+02.5%0.0%94,541
Feb 10, 20262,3950+0+02,395+02.6%0.0%91,031
Feb 3, 20262,3950+100+02,395+1002.9%0.0%81,431
Jan 27, 20262,2950+0+02,295+02.8%0.0%81,604
Jan 20, 20262,2950-25+02,295-252.9%0.0%80,648
Jan 13, 20262,3200+0+02,320+02.9%0.0%79,426
Jan 6, 20262,3200-75+02,320-752.9%0.0%81,176
Dec 30, 20252,3950+0+02,395+03.0%0.0%80,127
Dec 23, 20252,3950+150-1502,395+3003.0%0.0%79,722
Dec 16, 20252,245150+0+02,095+02.8%0.2%79,237
Dec 9, 20252,245150-40+02,095-402.9%0.2%76,261
Dec 2, 20252,285150-35-752,135+402.9%0.2%79,025
Nov 25, 20252,320225-50-3302,095+2802.9%0.3%78,760
Nov 18, 20252,370555+0+01,815+03.0%0.7%78,190
Nov 10, 20252,370555+0+01,815+03.0%0.7%78,380
Nov 4, 20252,370555-100+01,815-1003.1%0.7%76,950
Oct 28, 20252,470555-50-251,915-253.1%0.7%78,504
Oct 21, 20252,520580+0+01,940+03.2%0.7%77,992
Oct 14, 20252,520580+0+1001,940-1003.2%0.8%77,852
Oct 7, 20252,520480-75+4802,040-5553.3%0.6%77,037
Sep 30, 20252,5950+0+02,595+03.3%0.0%78,986

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: 90,642 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

2,50002,500+2.8%+0.0%+2.8%+0

Producer Merchant

60,43435,79924,635+66.7%+39.5%+27.2%-2,125

Other Reportables

5,30025,630-20,330+5.9%+28.3%-22.4%-520

Swap Dealers

11,11518,250-7,135+12.3%+20.1%-7.9%+2,595

Nonreportable

9,1108,780330+10.1%+9.7%+0.4%+50

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

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

Current positioning

The market is leaning bearish. Crowding is elevated, so conviction is high but squeeze risk is rising. Managed Money is currently net long by 2,500 contracts.

Macro regime

Macro conditions are mostly neutral for Pjm.Pseg_Month_Off_Dap - Nodal Exchange.

Replay summary

Mixed 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.

Price trend does not confirm positioning.
Macro environment is not supportive.