CQG – JPX CME Group Petroleum Index

Anthony Cohen
Application Specialist, CQG© 2021 CQG, Inc. All rights reserved.

Fundamental Data

© 2021 CQG, Inc. All rights reserved.

Crude Light Commitment of Traders

Commitment Of
Traders data ispublished by the
CFTC and reports
the positions ofthe various market
players. The data
is reported by thefirms every
Tuesday but
published every
Friday.
Crude Light Nonreportable Short

Crude Light Nonreportable Long

Crude Light Commercial Short

Crude Light Commercial Long

Crude Light Non-Commercial Spreading

Crude Light Non-Commercial Short

Crude Light Non-Commercial Long© 2021 CQG, Inc. All rights reserved.

COT DISAGGREGATED COMMITMENTS OF TRADERS COMBINED
Nonreportable Long
Nonreportable Short
Producer/Merchant/Processor/UserLong

Producer/Merchant/Processor/User
Short

Other Reportables Spreading

Other Reportables Short
Other Reportables Long

Swap Dealers LongManaged Money Spreading

Swap Dealers ShortManaged Money ShortManaged Money Long
Swap Dealers Spreading© 2021 CQG, Inc. All rights reserved.

Commitment Of
Traders data helps
understand thedynamics of themarket by showing
the kind of players
and types of ordersthat are likely tocome in, going fromProducers to MoneyManagers, Swap
dealer, Spreadersand other nonreportable positions
and shows who islong and short
respectively.

Historical Crudeoil COT weeklydata© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Imports and Production
Trading decisions are about finding the right balance between technicaland fundamental data. Fundamental data can drive both long, medium
and short term moves.

Crude Oil Imports, Production and Stocks (more commonly
known as Crude Inventories) are figures that come outweekly.
© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Stocks

Crude Oil Stocks data can be used in a wide range of manners due to its impact on different timeframes© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Stocks

On a daily timeframe, clear
indication that the decrease in Oilstocks has a relative bullish
impact on crude prices.
© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Stocks

Even fundamental data can be
the basis of strategies on either
the futures contracts
themselves or through options
trading to limit drawdown risk.
© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Stocks
On an intraday
timeframe, theimpact is a lot morevisible.
Long-term players
will probably be on
the lookout for any
major change instocks value.
Medium/short-termplayers tend to
avoid being in themarket around thattime to avoid thevolatility and would
get out shortly
before the release.
Short-term algotraders get in on
the release.
© 2021 CQG, Inc. All rights reserved.

Fundamental Data – Stocks
TFlow charts show theactivity on the best Bid andOffer with both price andvolume. We can also see
the resting volume dynamicfor the 4 levels around thebest bid and offer
represented below thechart.

© 2021 CQG, Inc. All rights reserved.

Technicals© 2021 CQG, Inc. All rights reserved.

Correlation

Timeframe

Bars

53

5

5

5

10

520

15

315

515

1015

2030

330

530

1030

2060

360

560

1060

20

ADC

3ADC

5ADC

10ADC

20

E-Mini S&P 500,
Sep 21

Australian Dollar(Globex), Sep 21

Canadian Dollar(Globex), Sep 2130yr US Treasury
Bonds (Globex),
Sep 21

Bitcoin (Globex),
Aug 21Japanese Yen(Globex), Sep 21

Gold (Globex),
Dec 21

Platinum (Globex),
Oct 21

Copper (Globex),
Dec 21

NY Harbor ULSD,Oct 21RBOB Gasoline(Globex), Oct 21

10076
84
59
44
74
2730
75
46
37
65
91
77
75
51
94
98
70
-21

99
37
45
26-13
52
2482
31
23
60
98
69
79
52
91
100
87
77

87
3-55-13-62-66-10-65-3
14
54
70
46
67
52-2
97
93
88-50-28
84
61
94
71
30
21
93
43
27-13
96
63
25-21-77-79-80-19-87-45
61
48
83
74-33-23
96
11935
97
1162
36
42-41-11-69-87
14
90
48
100
79
17
3
100
40
22
19100
59
57
24-47
-40
8
10-87
-20
41
24
95
46
-14-19
78
4
6
46
99
48
70
65
-61
29
1726

89
60
-34
-12-83-44-45
-41
-47
-28
-25
44
85
12
57
31-46
-8
46
67

97
90
97
56
92
98
22
7
98
54
48
51
99
79
77
12
47
95
81
90

100
90
98
90
94
95
97
95
99
99
97
92
98
96
95
81
85
99
96
97

98
97
99
95
100
97
88
35
100
94
68
62
100
87
86
62
82
96
82
83

Correlation is considered a natural indicator to identify similarities between data series. Some hedge funds have been using
data series from the same instrument but different times to look for similarities and repeating patterns. Others use it for
Arbitrage opportunities.

© 2021 CQG, Inc. All rights reserved.

Correlation© 2021 CQG, Inc. All rights reserved.

Correlation
Once a highcorrelation factor
has been identified
on multiple higher
timeframes, ideas
emerge on thelower timeframes.
Looking historically,
we can also seethat eMini S&P500
tends to move
and/or drag crude
oil prices.

© 2021 CQG, Inc. All rights reserved.

Market Profile
MarketProfilecharts area different
way toshow
where theliquidity
may be atany giventime byshowing
theacceptedandrejected
pricelevels.

© 2021 CQG, Inc. All rights reserved.

Cycle Analysis

Example ofmedium
term cycle
analysis
anddisplay.

© 2021 CQG, Inc. All rights reserved.

www.cqg.com
Disclaimer
Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer
educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment
decisions or to consult with a registered investment advisor.
CQG®, DOMTrader®, SnapTrader®, TFlow®, TFOBV®, TFOBVO®, TFVOL®, and Data Factory™ are trademarks of CQG, Inc.

© 2021 CQG, Inc. All rights reserved.