Harpex move higher from 325.335 (11 Feb) to 330.40 (18 Feb). The worst may be over for container shipping.
Most commodities continue to close lower except Energy edge higher.
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
- Cocoa (1)
- Rough Rice
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
- Soybean Meal
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average