Position ahead of the narrative

Positioning analytics for Traders, Portfolio Managers, and Advisors revealing capital flows and risk concentration across Equities, Rates, FX, and Commodities.

Built For: Portfolio Managers · Active Traders · CIOs / Advisors / RIAs · Family Offices · Hedge Funds · Risk Managers

Designed To Optimize: Positioning Awareness · Idea Generation · Risk Management · Timing Context · Narrative Validation · Regime Awareness

Core Philosophy

Fundamentals describe the state of an asset.

Positioning describes the state of its holders.

The first is usually efficiently priced.

The second is not.

That gap is where markets become fragile, and where asymmetric opportunity is created when stress or new catalysts force positions to change.

How the Framework is Applied

Offsides Macro is a positioning-based framework derived from integrated futures and options positioning data across global markets, built to measure that gap.

It tracks not just who holds risk, but how positioning can become reflexive and self-reinforcing once price begins to move.

Positioning Regime How one-sided is the market?

Flow Cadence What are recent flows telling us?

Narrative Intensity Volume of discussion around this market?

Context & Asymmetry Where is fragility, where is opportunity?

The Weekly Read

Weekly Positioning Report

Weekly positioning context across major asset classes, including Equities, Rates, FX, Commodities, and Bitcoin
Asset-class opportunity bias and the current positioning regime
Highlighted instruments each week with the context behind the read
Complete asset-class matrix, 40+ instruments with a positioning regime indicator
Market snapshot across Equities, Rates, credit spreads, USD, Gold, WTI, Bitcoin, volatility, and inflation swaps

Access the Weekly Report →

OFFSIDES MACRO

Positioning analytics across Equities, Rates, FX, and Commodities

Week of 5/24

Weekly Positioning Context

Equities: S&P positioning continues to mean-revert toward neutral while Nasdaq remains the hedge, pinned in Lower Extreme territory for a fifth consecutive week.

Rates: The street stays heavily positioned long the belly of the curve while long-bond positioning has rebuilt off the lows.

FX: USD positioning drifted higher again as it nears Upper Extreme territory, suggesting a Risk-Off lean.

Metals: Gold positioning has reached Max Lower Extremes following the largest net selling since late January.

Energy: WTI positioning kept drifting lower with net selling in seven of the past eight weeks.

Asset-Class Matrix

Asset-Class	Opportunity Bias	Wk / Wk	%ile
Equities	Neutral	▲	52
USD	Risk-Off	▲	85
Dev Mkt FX	Risk-On	▼	22
Energy (ex NatGas)	Neutral	▼	61
Metals	Neutral	▼	26

Positioning Highlight: GoldLower Extreme

The Full Suite

Positioning Analytics Suite

Offsides Macro Positioning Analytics

The full analytics portal in one place. Hover any item to see where it lives in the product.

1Weekly Positioning Report across Equities, Rates, FX, and Commodities
2Full Analytics Portal: positioning and flow charts across 40+ instruments, including the proprietary USD positioning index
3The Macro Desk: intraweek macro intelligence across positioning, price behavior, and derivatives
4Complete Asset-Class Matrix: 40+ instruments with OPI constituents, Trend CTA positioning, technicals, and performance
5White Paper on the Offsides Macro framework, plus all further research

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Offsides Macro Positioning Analytics

Weekly Positioning Report1 Report Archive Access White Paper5 Full Matrix Quick Navigation Guide

EQUITIESRATESUSDDM FXEM FXBITCOINMETALSENERGY

Instrument	%ile	Wk/Wk	Regime
S&P 500	65%ile	▲	Neutral
Nasdaq	6%ile	▲	Lower Extreme
Russell	61%ile	▼	Neutral
Dow	29%ile	▼	Neutral

Nasdaq · Net Speculator PositioningOFFSIDES MACRO

THE MACRO DESK

May 27, 2026 · 09:02

WTI: Iran TV reports unofficial draft peace deal document

May 23, 2026 · 12:51

Gold: current positioning and flow setup rhymes closely with the post blow-off top

Where This Has Worked

Positioning extremes that played out.

Real setups where the framework flagged risk concentration ahead of the move. Across asset classes, across cycles.

Trade positioning, not the narrative.

The weekly read, the full analytics suite, or a direct institutional relationship. The same positioning work sits behind all three.

Basic

The Weekly Read

Weekly Positioning Report and Asset-Class Matrix.

Full analytics, intraweek macro intelligence, complete matrix, ongoing research.

$900 / quarter

Or $3,000 per year

Start 7-Day Preview Open the Suite →

Institutional

Institutional Relationship

Bespoke advisory for allocators, CIOs, family offices, and institutional investors.

Bespoke

Pricing structured to the relationship

Inquire →

Built for Active Traders, Institutional Desks, and Advisors.

See the Plans →

Stay current on weekly positioning reports, regime shifts, and updated data across equities, rates, FX, and commodities.

Based In North Carolina

Disclaimer: This publication is for general informational and educational purposes only. It is not investment advice, does not take into account individual circumstances, and should not be relied upon for making investment decisions. The views expressed are solely those of the author and do not represent the views of any employer or affiliated institution.