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Live CFTC

Pjm.Pseg_Month_On_Dap - Nodal Exchange

064EXE
AgricultureDisaggregated

Signal state

Neutral-11

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+40 pts

Target Exposure

-11%

Market History

Net Positioning History

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

Compare Markets
Pjm.Pseg_Month_On_Dap - Nodal ExchangeManaged Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max3,495150+1,050+503,495+1,1003.8%0.2%98,780
Min2,2450-300-1502,095-3002.4%0.0%78,676
13 Per. Avg2,70815+62+02,693+622.9%0.0%92,970
May 26, 20263,1950+0+03,195+03.4%0.0%94,404
May 19, 20263,1950+0+03,195+03.4%0.0%94,849
May 12, 20263,1950-300+03,195-3003.4%0.0%94,259
May 5, 20263,4950+1,050-503,495+1,1003.8%0.0%91,739
Apr 28, 20262,44550+0+02,395+02.7%0.1%91,243
Apr 21, 20262,44550+0+02,395+02.8%0.1%88,499
Apr 14, 20262,44550+0+02,395+02.7%0.1%91,579
Apr 7, 20262,44550-55+502,395-1052.8%0.1%88,959
Mar 31, 20262,5000+0+02,500+02.7%0.0%93,619
Mar 24, 20262,5000+0+02,500+02.7%0.0%92,949
Mar 17, 20262,5000+0+02,500+02.7%0.0%94,044
Mar 10, 20262,5000+150+02,500+1502.7%0.0%93,684
Mar 3, 20262,3500-45+02,350-452.4%0.0%98,780
Feb 24, 20262,3950+0+02,395+02.4%0.0%98,598
Feb 17, 20262,3950+0+02,395+02.5%0.0%96,780
Feb 10, 20262,3950+0+02,395+02.6%0.0%93,200
Feb 3, 20262,3950+100+02,395+1002.9%0.0%83,365
Jan 27, 20262,2950+0+02,295+02.8%0.0%83,428
Jan 20, 20262,2950-25+02,295-252.8%0.0%82,477
Jan 13, 20262,3200+0+02,320+02.9%0.0%81,501
Jan 6, 20262,3200-75+02,320-752.8%0.0%83,885
Dec 30, 20252,3950+0+02,395+02.9%0.0%82,726
Dec 23, 20252,3950+150-1502,395+3002.9%0.0%82,246
Dec 16, 20252,245150+0+02,095+02.8%0.2%81,661
Dec 9, 20252,245150-40+02,095-402.9%0.2%78,676
Dec 2, 20252,285150+0+02,135+02.8%0.2%81,239

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: 94,404 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

3,19503,195+3.4%+0.0%+3.4%+0

Producer Merchant

63,37245,49317,879+67.1%+48.2%+18.9%-515

Other Reportables

5,49322,565-17,072+5.8%+23.9%-18.1%+825

Swap Dealers

11,28615,770-4,484+12.0%+16.7%-4.8%-370

Nonreportable

8,8438,361482+9.4%+8.9%+0.5%+60

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 fighting the current positioning.

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 3,195 contracts.

Macro regime

Macro signals are modestly supportive for Pjm.Pseg_Month_On_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 fighting 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.
Macro environment is not supportive.