OI Analysis

Price direction vs open interest direction regime classification

Descriptive classifications only. Price and open-interest direction do not identify participant intent or predict continuation, reversal, or profitability. The OI range value is min/max normalization, not a percentile rank.
38
Total Markets
2
Strong Trend
3
Distribution
33
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 Range Current OI location within the 3-year min/max range
OI RoC Average weekly OI change over the lookback
Comparison Whether the regime label matches the COT classification
Open Interest Regime Analysis
12-week lookback period
Data as of Jul 14, 2026
Commodity Category Regime Price Chg OI Chg OI Range OI RoC OI Trend Comparison
Dollar Index (DXY) Currencies Capitulation +2.57% +73.87%
95.1%
+1,887/wk No Signal
Soybeans Grains Capitulation +2.79% +0.38%
88.3%
+316/wk No Signal
Natural Gas Energy Strong Trend +7.68% +5.5%
81.5%
+7,223/wk No Signal
Rough Rice Grains Capitulation +19.65% +2.47%
73.2%
+26/wk No Signal
New Zealand Dollar (NZD) Currencies Capitulation -1.42% +43.25%
73.2%
+2,974/wk Conflicts
Cotton No 2 Softs Capitulation +1.71% -2.26%
71.4%
-622/wk No Signal
Sugar No 11 Softs Capitulation +10.8% +2.28%
71.1%
+1,861/wk No Signal
Canadian Dollar (CAD) Currencies Capitulation -2.96% +44.55%
64.8%
+9,472/wk No Signal
Swiss Franc (CHF) Currencies Capitulation -3.42% +18.44%
63.7%
+1,407/wk No Signal
Japanese Yen (JPY) Currencies Capitulation -1.7% +12.72%
63.3%
+3,728/wk No Signal
Copper Metals Capitulation +5.47% +3.74%
60.6%
+781/wk No Signal
Brazilian Real (BRL) Currencies Capitulation -2.07% -23.43%
60.6%
-2,705/wk No Signal
US Treasury Bond Interest Rates Capitulation -2.87% +2.15%
59.7%
+3,237/wk No Signal
Crude Oil Energy Capitulation -13.88% -5.5%
58.6%
-9,104/wk No Signal
Corn Grains Capitulation -4.41% -6.82%
57.4%
-10,409/wk No Signal
Fed Funds Interest Rates Capitulation +0.01% +22.2%
55.0%
+34,466/wk No Signal
Euro (EUR) Currencies Capitulation -2.68% +1.12%
53.5%
+739/wk No Signal
Wheat Grains Capitulation +4.34% -5.03%
52.4%
-1,896/wk No Signal
US Treasury 10Y Note Interest Rates Capitulation -2.13% +1.36%
51.5%
+5,894/wk No Signal
VIX Equity Indices Distribution -15.38% +14.98%
47.0%
+4,225/wk No Signal
NASDAQ 100 Consolidated Equity Indices Strong Trend +11.85% +5.91%
44.1%
+1,428/wk No Signal
Cocoa Softs Capitulation +75.78% +4.74%
43.0%
+769/wk No Signal
British Pound (GBP) Currencies Capitulation -0.9% +0.62%
42.1%
+136/wk No Signal
US Treasury 5Y Note Interest Rates Capitulation -1.67% -4.87%
39.5%
-26,352/wk No Signal
Orange Juice Softs Distribution -17.48% +24.08%
39.1%
+150/wk No Signal
Australian Dollar (AUD) Currencies Capitulation -2.51% -24.31%
36.6%
-5,580/wk No Signal
Live Cattle Livestock Capitulation -6.47% -8.03%
32.1%
-2,270/wk No Signal
Mexican Peso (MXN) Currencies Capitulation -0.57% +1.91%
30.3%
+311/wk No Signal
DJIA Consolidated Equity Indices Capitulation +7.0% +2.91%
27.8%
+180/wk No Signal
Palladium Metals Distribution -15.22% +24.51%
24.2%
+305/wk No Signal
Gold Metals Capitulation -13.56% +4.88%
22.7%
+1,487/wk No Signal
Coffee C Softs Capitulation +16.68% +2.44%
21.0%
+331/wk No Signal
Russell 2000 Mini Equity Indices Capitulation +7.38% -1.38%
17.8%
-474/wk No Signal
Bitcoin Cryptocurrencies Capitulation -14.93% -22.44%
17.6%
-467/wk No Signal
Gasoline Rbob Energy Capitulation +0.55% -1.63%
14.1%
-449/wk No Signal
Silver Metals Capitulation -23.08% -9.04%
9.0%
-870/wk No Signal
S&P 500 Consolidated Equity Indices Capitulation +6.92% -1.31%
7.7%
-2,169/wk No Signal
Platinum Metals Capitulation -19.4% -13.16%
0.4%
-680/wk No Signal