Sunday, August 5, 2018

Commodities Update 04 Aug 18

BDI rebounded to 1773 (03 Aug) from 1676 (27 Jul)
Harpex pull back to 613.09 (27 Jun) from 628.60 (20 Jul)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Coffee (1)
  • Sugar
  • Soybean Oil (1)
  • Natural Gas
  • Gold
  • Silver
  • Palladium
  • Platinum (1)
Neutral
  • Crude
Up Trend
  • None

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