How to read a Commodity report

What it measures. For one commodity: the current price and 90-day range, the dollar backdrop (DXY), technical structure, the weekly CFTC Commitments of Traders positioning (commercial hedgers vs speculators, in contracts), supply/demand and geopolitical catalysts from recent coverage, and companies whose revenue or costs move with the commodity.

How to read it. The score components have fixed ceilings — positioning 30, price 15, momentum 10, dollar 5, catalysts 25, forecast context 15. The evidence balance line is a neutral description of where the measured evidence sits, not a stance. CFTC labels such as "Bullish" in the positioning table are the regulator's own category names, reproduced as third-party data.

What it does not say. It does not forecast the price and it does not recommend a contract, an ETF or a miner. Levels appear only when they exist in the data (a 90-day high, the EMA200).

How to use it. Commodities move on Friday afternoons when the CFTC report lands — the Calendar shows the release time, and a CFTC change notification tells you when positioning shifts category. Pair with the Global report when a geopolitical event is driving the move.