Ercot.Hb_North_Month_7X8_Rtp - Nodal Exchange

064GBD

AgricultureDisaggregated

Signal state

Bullish+36

8-Week Trend

8 weeks agoThis week

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+36%

Market History

Net Positioning History

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

Compare Markets

Ercot.Hb_North_Month_7X8_Rtp - Nodal Exchange — Managed Money — 6 Month Positioning Report
Report Date	Long Positions	Short Positions	Change in Longs	Change in Shorts	Net Positions	Net Change	% OI Long	% OI Short	Open Interest
Max	2,700	0	+1,500	+0	2,700	+1,500	7.5%	0.0%	36,000
Min	375	0	-1,975	+0	375	-1,975	1.2%	0.0%	27,495
13 Per. Avg	562	0	+83	+0	562	+83	1.9%	0.0%	29,058
Mar 24, 2026	1,625	0	+250	+0	1,625	+250	5.7%	0.0%	28,670
Mar 17, 2026	1,375	0	+1,000	+0	1,375	+1,000	4.8%	0.0%	28,495
Mar 10, 2026	375	0	+0	+0	375	+0	1.4%	0.0%	27,495
Mar 3, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	28,160
Feb 24, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	28,160
Feb 17, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	28,160
Feb 10, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	28,160
Feb 3, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	28,825
Jan 27, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	29,725
Jan 20, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	29,725
Jan 13, 2026	375	0	+0	+0	375	+0	1.3%	0.0%	29,425
Jan 6, 2026	375	0	-175	+0	375	-175	1.2%	0.0%	31,375
Dec 30, 2025	550	0	+0	+0	550	+0	1.8%	0.0%	31,375
Dec 23, 2025	550	0	+0	+0	550	+0	1.8%	0.0%	31,375
Dec 16, 2025	550	0	+0	+0	550	+0	1.8%	0.0%	31,375
Dec 9, 2025	550	0	-1,975	+0	550	-1,975	1.8%	0.0%	31,375
Dec 2, 2025	2,525	0	+0	+0	2,525	+0	7.4%	0.0%	34,000
Nov 25, 2025	2,525	0	+0	+0	2,525	+0	7.4%	0.0%	34,000
Nov 18, 2025	2,525	0	+0	+0	2,525	+0	7.4%	0.0%	34,000
Nov 10, 2025	2,525	0	-175	+0	2,525	-175	7.4%	0.0%	34,000
Nov 4, 2025	2,700	0	+1,500	+0	2,700	+1,500	7.5%	0.0%	36,000
Oct 28, 2025	1,200	0	+0	+0	1,200	+0	3.5%	0.0%	34,775
Oct 21, 2025	1,200	0	+0	+0	1,200	+0	3.5%	0.0%	34,775
Oct 14, 2025	1,200	0	+0	+0	1,200	+0	3.5%	0.0%	34,775
Oct 7, 2025	1,200	0	+0	+0	1,200	+0	3.5%	0.0%	34,775
Sep 30, 2025	1,200	0	+0	+0	1,200	+0	3.5%	0.0%	33,850

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.

Mar 24, 2026(Latest)

Open interest: 28,670 contractsWeek 1 of 26

Trader type	Long	Short	Net	Long % OI	Short % OI	Net % OI	WoW Δ Net
Managed Money Reference group used for the main bias model	1,625	0	1,625	+5.7%	+0.0%	+5.7%	+250
Other Reportables	7,200	0	7,200	+25.1%	+0.0%	+25.1%	+0
Producer Merchant	15,515	22,020	-6,505	+54.1%	+76.8%	-22.7%	-150
Swap Dealers	1,900	4,400	-2,500	+6.6%	+15.3%	-8.7%	-100
Nonreportable	1,630	1,450	180	+5.7%	+5.1%	+0.6%	+0

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

Bullish positioning is building. This week's COT print is more bullish than the prior week.

Trend check

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

Macro check

Macro conditions are mostly neutral right now.

Crowding

Positioning is noticeable but not yet extreme.

Current positioning

Bullish positioning is building. Positioning is noticeable but not yet extreme. Managed Money is currently net long by 1,625 contracts.

Macro regime

Macro conditions are mostly neutral for Ercot.Hb_North_Month_7X8_Rtp - Nodal Exchange.

Replay summary

Constructive bullish regime. Bullish positioning is building. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.

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.