New Jersey Recs Class 2 V2026 - Nodal Exchange

006NLD

AgricultureDisaggregated

Signal state

Bullish+30

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

+30%

Market History

Net Positioning History

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

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New Jersey Recs Class 2 V2026 - 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	690	0	+80	+0	690	+80	7.0%	0.0%	9,930
Min	610	0	+0	+0	610	+0	6.3%	0.0%	9,750
13 Per. Avg	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Mar 24, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Mar 17, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Mar 10, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Mar 3, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Feb 24, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Feb 17, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Feb 10, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Feb 3, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Jan 27, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Jan 20, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Jan 13, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Jan 6, 2026	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Dec 30, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Dec 23, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Dec 16, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Dec 9, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Dec 2, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Nov 25, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Nov 18, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Nov 10, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Nov 4, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Oct 28, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Oct 21, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Oct 14, 2025	690	0	+0	+0	690	+0	7.0%	0.0%	9,930
Oct 7, 2025	690	0	+80	+0	690	+80	7.0%	0.0%	9,930
Sep 30, 2025	610	0	+0	+0	610	+0	6.3%	0.0%	9,750

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: 9,930 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	690	0	690	+7.0%	+0.0%	+7.0%	+0
Swap Dealers	505	9,780	-9,275	+5.1%	+98.5%	-93.4%	+0
Producer Merchant	5,640	150	5,490	+56.8%	+1.5%	+55.3%	+0
Other Reportables	3,080	0	3,080	+31.0%	+0.0%	+31.0%	+0
Nonreportable	15	0	15	+0.1%	+0.0%	+0.1%	+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

The market is leaning bullish. This week looks steady versus the recent range.

Trend check

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

Macro check

Macro conditions are mostly neutral right now.

Crowding

Traders are heavily crowded long.

Current positioning

The market is leaning bullish. Traders are heavily crowded long. Managed Money is currently net long by 690 contracts.

Macro regime

Macro conditions are mostly neutral for New Jersey Recs Class 2 V2026 - Nodal Exchange.

Replay summary

Constructive bullish regime. The market is leaning bullish. 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.

Extreme crowding — squeeze risk elevated.

Price trend does not confirm positioning.