The net traders positions show you what the traders in the market are doing.
The information is compiled and released by the CFTC every two weeks on Friday afternoon.
Commercials are the large businesses which are offsetting their risk in the underlying commodity.
Large specks are large scale traders, like fund managers.
Small specks are the individual, small scale traders.
Generally, the most watched position is the large specks. They are the trend followers. If the line is moving up during a trend, they are building their positions.
The commercial market can also be important to watch, but takes considerable study. The commercials use the market differently than the speculators do.
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