PJM Traders Continue Bull Run
September 20, 2021
Non-commercial traders of PJM West HUB RT futures continue their bullish trend. Non-commercial traders are hedge funds and large financials, and futures tend to positively correlate with their positions. As of last week’s CFTC Commitments of Traders Report, these traders are 87% overall net long and hold 44% more futures and options contracts year-over-year.