Commodities Update 03 Feb 18

BDI slumped down to 1,095 (02 Feb) from 1,219 (26 Jan)
Harpex close higher again at 504.25 (27 Jan) from 501.57 (20 Jan)

COT 

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

• Coffee
• Sugar (1)
• Orange Juice

Neutral

• None

Up Trend

• Soybeans
• Natural Gas (1)
• Crude

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

• Lumber
• Gasoline
• Copper
• Palladium
• Gold

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