You still dont get it! Net commercial position in the SP500 is NET SHORT. The net short position INCREASED last week from the week before by around 15%.
You have to ADD the total postion in the SP500 big contract together with the total position in the SP500 E-mini (divided by 5) to get the NET POSITION.
No idea if the commerical position is relevant or not but as of last week it was short
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