Sunday, February 25, 2018

Commodities Update 24 Feb 18

BDI closed at 1185 (23 Feb)
Harpex broke Sep 2017 peak and closed at 526.02 (17 Feb)

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

  • Coffee
  • Sugar 
  • Orange Juice
  • Natural Gas (1)
Neutral
  • None
Up Trend
  • Crude

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

  • Soybean Meal
  • Lumber
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

No comments:

Post a Comment