Monday, December 11, 2017

Commodities Update - 09 Dec 17

BDI continue to surge; from 1,626( 01 Dec) to 1702 (08 Dec)
Harpex edged lower from 477.71 (25 Nov) to 477.41 (02 Dec)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Wheat
  • Coffee
Neutral
  • Corn
  • Natural Gas
Up Trend
  • Crude

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • Soybean Meal
  • Heating Oil
  • Lumber
  • Copper
  • Palladium
Neutral
  • None
Down Trend
  • Oats
  • Feeder Cattle

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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