OI Analysis

Price direction vs open interest direction regime classification

38
Total Markets
4
Strong Trend
2
Distribution
32
Other Regimes
Legend & Guide
Regime Colors
Strong Trend Price Up + OI Up
Short Covering Price Up + OI Down
Distribution Price Down + OI Up
Capitulation Price Down + OI Down
Column Definitions
Price Chg Price % change over the lookback period
OI Chg Open interest % change over the lookback period
OI %ile Current OI ranked within 3-year range
OI RoC Average weekly OI change over the lookback
Confirmation Whether regime aligns with COT contrarian signal
Open Interest Regime Analysis
12-week lookback period
Data as of Feb 24, 2026
Commodity Category Regime Price Chg OI Chg OI %ile OI RoC OI Trend Confirmation
Crude Oil Energy Strong Trend +30.0% +9.72%
100.0%
+18,627/wk No Signal
Gasoline Rbob Energy Strong Trend +52.34% +10.51%
98.9%
+4,444/wk No Signal
US Treasury 5Y Note Interest Rates Capitulation -0.16% +10.64%
96.9%
+70,920/wk No Signal
US Treasury 10Y Note Interest Rates Capitulation +0.64% +9.98%
96.0%
+54,171/wk No Signal
Soybeans Grains Strong Trend +9.35% +8.94%
93.4%
+7,871/wk No Signal
Sugar No 11 Softs Distribution -9.21% +11.91%
86.8%
+11,220/wk No Signal
Brazilian Real (BRL) Currencies Capitulation -3.28% +47.48%
83.9%
+4,299/wk No Signal
Swiss Franc (CHF) Currencies Capitulation +2.16% -6.38%
83.2%
-660/wk No Signal
Euro (EUR) Currencies Capitulation -0.9% -7.67%
81.2%
-7,570/wk No Signal
US Treasury Bond Interest Rates Capitulation +1.69% +9.27%
80.4%
+17,280/wk No Signal
Natural Gas Energy Capitulation -26.84% +2.85%
74.7%
+4,491/wk No Signal
Rough Rice Grains Short Covering +5.62% -13.07%
72.4%
-194/wk No Signal
Cotton No 2 Softs Capitulation +0.94% +7.66%
72.1%
+2,283/wk No Signal
Australian Dollar (AUD) Currencies Short Covering +6.35% -15.35%
70.1%
-4,510/wk No Signal
Japanese Yen (JPY) Currencies Capitulation -0.78% -2.62%
67.7%
-996/wk No Signal
NASDAQ 100 Consolidated Equity Indices Capitulation -0.41% -29.39%
67.1%
-11,870/wk No Signal
Wheat Grains Capitulation +9.62% -2.03%
64.6%
-944/wk No Signal
S&P 500 Consolidated Equity Indices Capitulation +0.62% -18.62%
63.7%
-46,626/wk No Signal
Copper Metals Capitulation +8.85% +1.69%
61.6%
+435/wk No Signal
Fed Funds Interest Rates Capitulation -0.21% -9.73%
58.4%
-25,173/wk No Signal
Live Cattle Livestock Strong Trend +6.78% +6.01%
52.7%
+1,937/wk No Signal
Corn Grains Capitulation +2.68% +8.77%
51.5%
+13,348/wk No Signal
New Zealand Dollar (NZD) Currencies Capitulation +2.05% -31.23%
46.1%
-3,247/wk No Signal
British Pound (GBP) Currencies Capitulation +0.01% -12.81%
45.9%
-3,614/wk No Signal
DJIA Consolidated Equity Indices Capitulation +0.58% -18.91%
45.1%
-1,707/wk No Signal
Mexican Peso (MXN) Currencies Capitulation +2.16% -38.3%
39.5%
-14,003/wk No Signal
Bitcoin Cryptocurrencies Capitulation -21.78% -6.46%
36.4%
-158/wk No Signal
VIX Equity Indices Capitulation -0.66% -11.74%
36.2%
-4,782/wk No Signal
Platinum Metals Short Covering +21.02% -25.48%
31.1%
-2,474/wk No Signal
Palladium Metals Short Covering +11.06% -25.56%
28.5%
-564/wk No Signal
Cocoa Softs Distribution -51.27% +45.35%
27.4%
+5,412/wk No Signal
Canadian Dollar (CAD) Currencies Capitulation +0.94% -8.95%
23.8%
-2,187/wk No Signal
Coffee C Softs Capitulation -16.59% +2.25%
18.6%
+361/wk No Signal
Dollar Index (DXY) Currencies Capitulation +0.38% -2.87%
15.3%
-78/wk No Signal
Silver Metals Short Covering +34.84% -17.96%
15.2%
-2,747/wk No Signal
Russell 2000 Mini Equity Indices Capitulation +3.12% -21.33%
13.7%
-10,742/wk No Signal
Gold Metals Short Covering +19.56% -10.81%
9.0%
-5,091/wk No Signal
Orange Juice Softs Short Covering +14.62% -31.79%
0.0%
-361/wk No Signal