Commitments of Traders positioning for 42 futures markets as reported by the CFTC for Tuesday January 20, 2026: 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: Russell (bearish), S&P 500 (bearish), Sugar (bullish). NPF 2-leg 80/20 full setups: Russell (bearish), S&P 500 (bearish), Palladium (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 | Bearish | 35 | 64 | 57 | 32 | 64 | -3 | +0 | +8 | 32 | 84 | -1.29 | – | |
| Crypto | Ethereum | Neutral | 24 | 75 | 57 | 9 | 19 | +3 | -5 | +3 | 9 | 40 | +1.09 | – | |
| Currencies | Australian Dollar | Bearish | 25 | 65 | 100 | 25 | 100 | -38 | +37 | +5 | 25 | 100 | +1.40 | – | |
| Currencies | British Pound | Bearish | 42 | 56 | 71 | 56 | 63 | -47 | +44 | +53 | 56 | 80 | -0.70 | – | |
| Currencies | Canadian Dollar | Bearish | LW MACO BULL | 7 | 99 | 58 | 12 | 50 | -65 | +72 | +19 | 12 | 99 | -0.78 | – |
| Currencies | Euro | Neutral | MACD BUY | 22 | 79 | 67 | 20 | 51 | +22 | -21 | -15 | 20 | 43 | +1.54 | – |
| Currencies | Japanese Yen | Bullish | LW MACO BULL | 98 | 0 | 26 | 98 | 27 | -2 | +0 | +12 | 98 | 0 | -0.90 | – |
| Currencies | Mexican Peso | Bearish | 1 | 98 | 88 | 14 | 75 | -12 | +12 | +10 | 14 | 95 | +1.70 | – | |
| Currencies | New Zealand | Bullish | 91 | 8 | 35 | 94 | 33 | -9 | +8 | +7 | 94 | 22 | +1.09 | – | |
| Currencies | Swiss Franc | Bullish | 100 | 4 | 27 | 86 | 35 | +3 | +4 | -9 | 86 | 6 | +1.73 | – | |
| Currencies | US Dollar | Neutral | LW MACO BULL | 73 | 27 | 53 | 75 | 61 | -20 | +20 | -1 | 75 | 79 | -1.04 | – |
| Energies | Crude Oil | Bullish | 81 | 20 | 49 | 80 | 49 | -8 | +10 | -5 | 80 | 100 | +0.14 | – | |
| Energies | Gasoline | Neutral | 36 | 61 | 75 | 49 | 63 | +27 | -28 | -13 | 49 | 54 | +2.28 | – | |
| Energies | Heating Oil | Neutral | 35 | 71 | 48 | 37 | 41 | +12 | -7 | -27 | 37 | 12 | +1.44 | – | |
| Energies | Natural Gas | Bullish | 4-YR BUY EXTREME | 100 | 0 | 43 | 100 | 44 | +68 | -59 | -35 | 100 | 0 | +0.54 | – |
| Equities | DOW | Neutral | 35 | 70 | 71 | 40 | 67 | -56 | +61 | -19 | 40 | 71 | -1.31 | – | |
| Equities | Nasdaq | Neutral | STRUCTURAL BEAR | 74 | 14 | 61 | 62 | 64 | +67 | -64 | -39 | 62 | 0 | -1.00 | – |
| Equities | Russell | Bearish | 0 | 100 | 46 | 0 | 51 | -1 | +16 | -46 | 0 | 100 | +0.35 | – | |
| Equities | S&P 500 | Bearish | 5 | 100 | 78 | 5 | 77 | -41 | +80 | -20 | 5 | 100 | -0.54 | – | |
| Fixed Income | 10-Year Note | Neutral | 41 | 58 | 52 | 26 | 50 | +3 | +3 | -26 | 26 | 100 | +1.93 | – | |
| Fixed Income | 2-Year Note | Neutral | BEAR TRENDMACD SELL | 60 | 45 | 25 | 46 | 17 | -30 | +28 | +1 | 46 | 82 | +1.21 | – |
| Fixed Income | 30-Year Note | Neutral | MACD BUY | 28 | 65 | 64 | 26 | 66 | +2 | +9 | -10 | 26 | 54 | +0.20 | – |
| Fixed Income | 5-Year Note | Bearish | 67 | 34 | 41 | 67 | 40 | -17 | +16 | -1 | 67 | 100 | +0.45 | – | |
| Grains | Corn | Neutral | MACD BUY | 71 | 27 | 89 | 66 | 87 | +18 | -16 | +8 | 66 | 29 | +0.34 | – |
| Grains | Soybean | Neutral | 43 | 57 | 56 | 36 | 57 | +35 | -35 | +12 | 36 | 9 | +0.16 | – | |
| Grains | Soybean Meal | Neutral | 61 | 43 | 23 | 65 | 39 | +36 | -32 | -19 | 65 | 36 | -1.37 | – | |
| Grains | Soybean Oil | Neutral | 59 | 44 | 21 | 59 | 21 | -26 | +31 | -2 | 59 | 65 | +0.31 | – | |
| Grains | Wheat | Bullish | 100 | 0 | 98 | 100 | 97 | +97 | -95 | +60 | 100 | 0 | +1.24 | – | |
| Live Stock | Feeder Cattle | Neutral | 73 | 16 | 78 | 71 | 88 | -27 | +12 | -5 | 71 | 14 | +1.74 | – | |
| Live Stock | Lean Hogs | Neutral | STRUCTURAL BULL | 44 | 56 | 17 | 45 | 32 | -56 | +56 | -5 | 45 | 44 | +1.43 | – |
| Live Stock | Live Cattle | Neutral | 56 | 37 | 91 | 41 | 88 | -44 | +32 | +16 | 41 | 35 | -0.15 | – | |
| Metals | Copper | Neutral | MACD BUY | 17 | 73 | 100 | 21 | 98 | +10 | -14 | +0 | 21 | 48 | +1.71 | – |
| Metals | Gold | Bearish | 14 | 76 | 97 | 37 | 91 | -29 | +24 | -3 | 37 | 91 | +1.70 | – | |
| Metals | Palladium | Bearish | 1 | 98 | 85 | 1 | 82 | +1 | -2 | +4 | 1 | 92 | +0.45 | – | |
| Metals | Platinum | Neutral | 100 | 0 | 83 | 65 | 96 | +100 | -72 | +30 | 65 | 0 | -0.94 | – | |
| Metals | Silver | Bullish | 100 | 0 | 71 | 100 | 71 | +27 | -40 | +71 | 100 | 0 | -0.91 | – | |
| Softs | Cocoa | Bullish | 4-YR BUY EXTREME | 100 | 0 | 90 | 100 | 95 | +21 | -22 | +83 | 100 | 0 | +2.12 | – |
| Softs | Coffee | Neutral | BEAR TREND | 59 | 49 | 0 | 73 | 0 | -41 | +49 | +0 | 73 | 29 | +1.07 | – |
| Softs | Cotton | Bearish | 19 | 72 | 77 | 5 | 78 | -25 | +19 | +48 | 5 | 100 | +2.14 | – | |
| Softs | Lumber | Bullish | MACD SELL | 79 | 19 | 48 | 83 | 48 | -19 | +17 | +11 | 83 | 60 | +0.66 | – |
| Softs | Orange Juice | Bearish | 1 | 100 | 0 | 1 | 0 | -99 | +100 | -88 | 1 | 59 | -1.21 | – | |
| Softs | Sugar | Bullish | 96 | 5 | 5 | 95 | 7 | +0 | +1 | -9 | 95 | 26 | +1.84 | – | |
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