Commitments of Traders positioning for 42 futures markets as reported by the CFTC for Tuesday December 23, 2025: Commercial, Non-Commercial and Non-Reportable positioning indexes on raw and OI-normalized bases, index momentum, WILLCO, sentiment and open-interest readings, with each model's setup verdict.
Raw 3-leg 95/5 full setups: S&P 500 (bearish), Soybean Oil (bullish). NPF 2-leg 80/20 full setups: Crude Oil (bullish), DOW (bearish), Nasdaq (bearish), Russell (bearish), S&P 500 (bearish), Soybean (bearish), Soybean Oil (bullish), Copper (bearish), Sugar (bullish).
| Positioning · Raw 3-leg 95/5 | Positioning · NPF 2-leg 80/20 | Index Momentum | Friction & Flow | Open Interest | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Class | Asset | Tape Bias | Signals | Comm Index | NonComm Index | NonRept Index | Comm Index | NonRept Index | Comm Move | NonComm Move | NonRept Move | WILLCO | NonComm Sentiment | OI Z | Max Pain Pull |
| Crypto | Bitcoin | Neutral | MACD BUY | 60 | 46 | 46 | 64 | 48 | +15 | -14 | +6 | 64 | 38 | -2.17 | – |
| Crypto | Ethereum | Bearish | 18 | 83 | 50 | 8 | 17 | +18 | -17 | -4 | 8 | 58 | +1.37 | – | |
| Currencies | Australian Dollar | Bearish | 36 | 59 | 92 | 34 | 90 | -44 | +43 | +31 | 34 | 100 | +1.01 | – | |
| Currencies | British Pound | Neutral | LW MACO BULLMACD SELL | 64 | 36 | 41 | 81 | 32 | -36 | +36 | +39 | 81 | 57 | -0.89 | – |
| Currencies | Canadian Dollar | Bearish | LW MACO BULL | 5 | 98 | 72 | 21 | 70 | -95 | +96 | +72 | 21 | 100 | -1.40 | – |
| Currencies | Euro | Bearish | 0 | 100 | 79 | 0 | 63 | -30 | +27 | +25 | 0 | 100 | +1.56 | – | |
| Currencies | Japanese Yen | Bullish | 99 | 2 | 29 | 98 | 32 | +6 | -6 | +18 | 98 | 4 | -1.30 | – | |
| Currencies | Mexican Peso | Bearish | MACRO BEAR SETUP | 16 | 81 | 88 | 23 | 73 | -15 | +14 | +2 | 23 | 85 | +2.13 | – |
| Currencies | New Zealand | Bullish | LW MACO BULL | 85 | 15 | 39 | 93 | 35 | -1 | +1 | +15 | 93 | 27 | +0.59 | – |
| Currencies | Swiss Franc | Bullish | 100 | 0 | 84 | 90 | 82 | +0 | +0 | +82 | 90 | 0 | +1.04 | – | |
| Currencies | US Dollar | Bearish | LW MACO BULL | 69 | 34 | 32 | 70 | 37 | -29 | +33 | -27 | 70 | 100 | -1.33 | – |
| Energies | Crude Oil | Bullish | 94 | 13 | 10 | 92 | 10 | +0 | +5 | -21 | 92 | 40 | -1.04 | – | |
| Energies | Gasoline | Neutral | 37 | 62 | 57 | 42 | 50 | +37 | -38 | -43 | 42 | 54 | +1.20 | – | |
| Energies | Heating Oil | Neutral | 38 | 67 | 50 | 36 | 50 | +38 | -33 | -48 | 36 | 0 | -0.33 | – | |
| Energies | Natural Gas | Bullish | 87 | 10 | 34 | 96 | 35 | +19 | -16 | -19 | 96 | 4 | -0.25 | – | |
| Equities | DOW | Bearish | EXHAUSTIONMACD SELL | 21 | 65 | 94 | 13 | 100 | -67 | +61 | -2 | 13 | 99 | -3.47 | – |
| Equities | Nasdaq | Neutral | 29 | 39 | 100 | 19 | 100 | +29 | -53 | +2 | 19 | 35 | -1.01 | – | |
| Equities | Russell | Bearish | 12 | 88 | 87 | 8 | 100 | -36 | +47 | +0 | 8 | 87 | -0.48 | – | |
| Equities | S&P 500 | Bearish | 0 | 100 | 100 | 0 | 100 | -38 | +61 | +0 | 0 | 100 | -0.64 | – | |
| Fixed Income | 10-Year Note | Neutral | 53 | 48 | 53 | 40 | 52 | -5 | +9 | -23 | 40 | 70 | +1.67 | – | |
| Fixed Income | 2-Year Note | Neutral | 82 | 21 | 35 | 75 | 27 | +13 | -12 | +0 | 75 | 19 | +0.94 | – | |
| Fixed Income | 30-Year Note | Bearish | MACD SELL | 14 | 72 | 75 | 11 | 77 | -8 | +23 | -16 | 11 | 100 | +0.42 | – |
| Fixed Income | 5-Year Note | Neutral | 80 | 21 | 44 | 83 | 43 | -6 | +7 | -19 | 83 | 73 | +0.45 | – | |
| Grains | Corn | Neutral | 54 | 43 | 80 | 46 | 72 | -3 | +3 | +1 | 46 | 77 | -0.66 | – | |
| Grains | Soybean | Neutral | 18 | 79 | 91 | 11 | 92 | +18 | -21 | +43 | 11 | 63 | +0.33 | – | |
| Grains | Soybean Meal | Neutral | BULL TREND | 44 | 60 | 7 | 44 | 22 | +44 | -40 | -19 | 44 | 56 | -2.37 | – |
| Grains | Soybean Oil | Bullish | 100 | 0 | 0 | 100 | 0 | +23 | -23 | -25 | 100 | 0 | +0.76 | – | |
| Grains | Wheat | Neutral | 80 | 22 | 73 | 95 | 76 | +80 | -78 | +73 | 95 | 22 | +0.52 | – | |
| Live Stock | Feeder Cattle | Bullish | 96 | 4 | 78 | 96 | 72 | +3 | +4 | -22 | 96 | 4 | -0.72 | – | |
| Live Stock | Lean Hogs | Neutral | EXHAUSTION | 79 | 19 | 68 | 71 | 45 | -21 | +19 | -28 | 71 | 19 | -1.34 | – |
| Live Stock | Live Cattle | Bullish | 90 | 11 | 83 | 84 | 76 | -10 | +11 | -17 | 84 | 11 | -0.90 | – | |
| Metals | Copper | Bearish | 2 | 94 | 96 | 2 | 85 | -13 | +15 | -2 | 2 | 100 | +1.10 | – | |
| Metals | Gold | Neutral | 20 | 71 | 100 | 21 | 95 | -32 | +28 | +0 | 21 | 71 | +0.91 | – | |
| Metals | Palladium | Bearish | 4 | 94 | 73 | 5 | 69 | +4 | -2 | -9 | 5 | 83 | +1.01 | – | |
| Metals | Platinum | Neutral | 38 | 56 | 69 | 36 | 64 | +27 | -3 | -15 | 36 | 56 | +0.27 | – | |
| Metals | Silver | Bullish | 93 | 13 | 36 | 87 | 33 | -7 | +13 | -2 | 87 | 17 | -0.64 | – | |
| Softs | Cocoa | Neutral | 47 | 58 | 31 | 46 | 34 | -26 | +13 | +27 | 46 | 53 | +1.25 | – | |
| Softs | Coffee | Bullish | 100 | 0 | 29 | 100 | 33 | +82 | -86 | -23 | 100 | 0 | -0.31 | – | |
| Softs | Cotton | Neutral | 33 | 61 | 58 | 26 | 64 | -31 | +32 | +4 | 26 | 100 | +1.47 | – | |
| Softs | Lumber | Bullish | 92 | 8 | 32 | 92 | 35 | +5 | -3 | +5 | 92 | 22 | +1.44 | – | |
| Softs | Orange Juice | Neutral | STRUCTURAL BULL | 54 | 49 | 49 | 62 | 50 | -46 | +49 | +4 | 62 | 22 | -1.62 | – |
| Softs | Sugar | Bullish | 89 | 11 | 15 | 90 | 17 | -11 | +11 | +4 | 90 | 54 | +1.13 | – | |
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