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Live CFTC

Propane Opis Conway Inwell Fp - Ice Futures Energy Div

06641E
AgricultureDisaggregated

Signal state

Neutral-16

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+40 pts

Target Exposure

-16%

Market History

Net Positioning History

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

Compare Markets
Propane Opis Conway Inwell Fp - Ice Futures Energy Div — Reference Group — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max9,8247,810+9,704+5,7742,014+3,93071.9%57.2%14,680
Min074-9,619-6,417-1,961-3,2020.0%0.5%11,691
13 Per. Avg1,0012,113+20+99-1,112-797.4%16.0%12,985
May 26, 20262581,435-25+45-1,177-702.0%11.1%12,951
May 19, 20262831,390+4+15-1,107-112.3%11.3%12,338
May 12, 20262791,375+74-18-1,096+922.4%11.8%11,691
May 5, 20262051,393-9,619-6,417-1,188-3,2021.7%11.8%11,757
Apr 28, 20269,8247,810+9,704+5,7742,014+3,93071.9%57.2%13,664
Apr 21, 20261202,036+0+35-1,916-350.9%15.5%13,128
Apr 14, 20261202,001+0-80-1,881+800.9%15.3%13,084
Apr 7, 20261202,081-334-299-1,961-350.9%15.8%13,148
Mar 31, 20264542,380+0+285-1,926-2853.1%16.2%14,680
Mar 24, 20264542,095+6+285-1,641-2793.3%15.1%13,895
Mar 17, 20264481,810+0+299-1,362-2993.4%13.6%13,300
Mar 10, 20264481,511+448+1,364-1,063-9163.5%11.9%12,689
Mar 3, 20260147+0+0-147+00.0%1.2%12,480
Feb 24, 20260147+0+0-147+00.0%1.1%13,563
Feb 17, 20260147+0+0-147+00.0%1.1%13,342
Feb 10, 20260147+0+7-147-70.0%1.1%13,009
Feb 3, 20260140+0+38-140-380.0%1.1%12,571
Jan 27, 20260102+0+28-102-280.0%0.7%14,107
Jan 20, 2026074+0+0-74+00.0%0.5%13,601
Jan 13, 2026074+0+0-74+00.0%0.5%13,441
Jan 6, 2026074+0-36-74+360.0%0.6%12,796
Dec 30, 20250110+0+0-110+00.0%0.8%14,656
Dec 23, 20250110+0+0-110+00.0%0.8%14,286
Dec 16, 20250110+0+0-110+00.0%0.8%13,729
Dec 9, 20250110+0+0-110+00.0%0.8%13,779
Dec 2, 20250110+0+0-110+00.0%0.8%13,789

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: 12,951 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Swap Dealers

2581,435-1,177+2.0%+11.1%-9.1%-70

Producer Merchant

8,6877,723964+67.1%+59.6%+7.4%-121

Other Reportables

19236156+1.5%+0.3%+1.2%+183

Nonreportable

77571857+6.0%+5.5%+0.4%+8

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

Bearish positioning is building. This week's COT print is more bearish than the prior week.

Trend check

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

Macro check

Macro conditions are fighting the current positioning.

Crowding

Traders are heavily crowded short.

Current positioning

Bearish positioning is building. Traders are heavily crowded short. Swap Dealers is currently net short by 1,177 contracts.

Macro regime

Macro signals are modestly supportive for Propane Opis Conway Inwell Fp - Ice Futures Energy Div.

Replay summary

Mixed regime. Bearish positioning is building. 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.

Extreme crowding — squeeze risk elevated.
Price trend does not confirm positioning.
Macro environment is not supportive.