... no doubt, but their make-up is likely very different ...
<<To get a completely accurate view of the commercial position regarding the SP500 ... you would also need to add in their option positions>>
... that may be, IF I want an accurate view of the overall commercial position ... however, to trade the SP profitably (or SP options for that matter) ... the SP commercials by themselves predict the future very well ...
... one of the many things I learned from Larry Williams ... and I have done very well for over 2 1/2 years without looking at Mini SP or any SP options numbers ...
... I am looking at a Mini SP weekly chart right now ... looks like they the commercials there are almost always wrong in predicting direction of the SP ...