Sunday, April 16, 2017

Commodities Update - 14 Apr 17

BDI closed at 1296 (13 Apr) from 1223 (07 Apr)
Harpex broke 500 marks, closed at 513.79 (08 Apr) from 499.48 (01 Apr)

Summary
Grains closed higher, Coffee and Sugar closed lower while the rest closed mixed.

COT 
Download Commodities COT

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

  • Soybeans
  • Cocoa (1)
  • Soybean Oil
  • Sugar
Neutral
  • None
Up Trend
  • Corn

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

  • Feeder Cattle
  • Silver
Neutral
  • None
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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