COT Signal Matrix — week of February 24, 2026

Commitments of Traders positioning for 42 futures markets as reported by the CFTC for Tuesday February 24, 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: Nasdaq (bullish). NPF 2-leg 80/20 full setups: Australian Dollar (bearish), DOW (bearish), Nasdaq (bullish), Russell (bearish), 30-Year Note (bearish), Soybean Meal (bearish), Copper (bearish), Cotton (bearish), Sugar (bullish).

Positioning · Raw 3-leg 95/5Positioning · NPF 2-leg 80/20Index MomentumFriction & FlowOpen Interest
Asset ClassAssetTape BiasSignalsComm IndexNonComm IndexNonRept IndexComm IndexNonRept IndexComm MoveNonComm MoveNonRept MoveWILLCONonComm SentimentOI ZMax Pain Pull
CryptoBitcoinBearish1785441847-27+26-81880-1.50–
CryptoEthereumNeutral2878291313+1+6-341338+1.02–
CurrenciesAustralian DollarBearish4-YR SELL EXTREME010091092-31+39-90100+1.75–
CurrenciesBritish PoundNeutral5740586954+7-10+66946+0.06–
CurrenciesCanadian DollarBearish010082078-7+1+210100-0.65–
CurrenciesEuroBearish99189767-4+4+15778+1.60–
CurrenciesJapanese YenNeutral5941545556-41+41+445561+0.81–
CurrenciesMexican PesoNeutral2376822873+18-19-4280+1.23–
CurrenciesNew ZealandBearish5344777071-37+35+3370100-0.09–
CurrenciesSwiss FrancNeutral6314725374-37+11+345225+1.16–
CurrenciesUS DollarBearish6240346335-4+5-156387-1.40–
EnergiesCrude OilBearishSTRUCTURAL BULL256810032100-70+59+8032100+1.92–
EnergiesGasolineBearish195912680-35+32+292689+1.87–
EnergiesHeating OilNeutral2773722769-14+4+392716+0.14–
EnergiesNatural GasBullish4-YR BUY EXTREME10005610057+0+0+91000+0.53–
EquitiesDOWBearish1493691765-5+13-71793-0.95–
EquitiesNasdaqBullish10001610017+50-33-611000-0.72–
EquitiesRussellBearish1980451954+14-20-121972-0.18–
EquitiesS&P 500NeutralMACD BUY6622757167+48-50-25712+0.09–
Fixed Income10-Year NoteNeutral6944154717-2+11-394758+2.24–
Fixed Income2-Year NoteNeutral8326216912+12-5-166929+1.36–
Fixed Income30-Year NoteBearishBEAR TOPMACD SELL4-YR SELL EXTREME079100094-14-4+42089+1.86–
Fixed Income5-Year NoteBearish6139504940-15+13+1149100+1.99–
GrainsCornNeutral6235835679-6+6-75635+0.19–
GrainsSoybeanBearish129021018-32+33-501078+1.75–
GrainsSoybean MealBearishMACD SELL6921000100-40+34+89086-1.35–
GrainsSoybean OilBearishSTRUCTURAL BULL1488741968-61+64+4419100+1.77–
GrainsWheatBearishSTRUCTURAL BULLMACD SELL0100000-100+97-820100-1.70–
Live StockFeeder CattleBearish1910001711-71+90-7217100+0.98–
Live StockLean HogsNeutralSTRUCTURAL BULL26772220-44+50-542277+1.03–
Live StockLive CattleBearish149902317-53+72-922399+2.13–
MetalsCopperBearish1187861189-6+13-141163+1.15–
MetalsGoldBullish960888095+90-83-12800-1.30–
MetalsPalladiumBearish79659569+7-4-19573-0.01–
MetalsPlatinumBullish8910398971+6-12-348910-1.10–
MetalsSilverNeutral1000387593+18-9-62750-2.45–
SoftsCocoaNeutral6926966195-31+26+866121+1.59–
SoftsCoffeeBullish9802510026+58-61-341000-0.85–
SoftsCottonBearishMACD SELL49094692-16+21+7689+0.99–
SoftsLumberBullish928339736-8+8-49731+0.69–
SoftsOrange JuiceBearish2774562363+27-26+312383-1.61–
SoftsSugarBullish9911510014+5-7+91006+2.53–

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