Sunday, March 18, 2018

Commodities Update 17 Mar 18

BDI closed lower to 1150 (16 Mar) from 1201 (09 Mar)
Another week of gain for Harpex from 548.98 (03 Mar) to 579.69 (10 Mar) 

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

  • Coffee
  • Sugar (1)
  • Natural Gas (1)
Neutral
  • Crude
Up Trend
  • Orange Juice

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

  • Soybean Meal
  • Corn
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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