Sunday, March 12, 2017

Commodities Update - 11 Mar 17

BDI moved higher to 1086 (10 Mar) from 939 (03 Mar)
Harpex also moved higher to 351.84 (04 Mar) from 343.52 (25 Feb)  

Summary
Most commodities closed lower

COT 
Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

  • Cocoa (1)
  • Soybean Oil
Neutral
  • None
Up Trend
  • None

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

  • Soybean Meal
  • Lumber
  • Cotton
  • Silver
Neutral
  • Crude
Down Trend
  • None

Note
(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 








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