Sunday, October 8, 2017

Commodities Update - 07 Oct 17

BDI rose from 1,356 (29 Sep) to 1,405 (06 Oct)
Harpex continue to close lower for 2nd week from 513.79 (23 Sep) to 506.34 (30 Sep)

Summary
Commodities closed mixed.

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

  • Coffee
  • Sugar
  • Corn
Neutral
  • Natural Gas
  • Crude
Up Trend
  • Cocoa

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

  • Heating Oil
  • Gold
  • Lumber
Neutral
  • Feeder Cattle
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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