Sunday, November 4, 2018

Commodities Update 03 Nov 18

BDI closed lower at 1470 (2 Nov) from 1519 (26 Oct)
Harpex closed lower at 509.62 (26 Oct) from 516.18 (19 Oct)

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

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • None
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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