Sunday, April 22, 2018

Commodities Update 21 Apr 18

BDI closed at 1281 (20 Apr) from 1014 (13 Apr).
Harpex pull back after testing Year 2015 high (645.82).  Harpex closed at 6421.61 (14 Apr) from 645.59 (07 Apr).

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Coffee
  • Sugar (1)
  • Orange Juice
Neutral
  • Natural Gas (1)
  • Silver
Up Trend
  • Crude (1)

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • Soybeans
  • Soybean Meal
  • Gasoline
  • 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

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