Monday, April 8, 2019

Commodities Update 06 Apr 19

BDI closed higher from 689 (29 Mar) to 711 (05 Apr)
Harpex closed higher from 560.61 (22 Mar) to 565.61 (29 Mar)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Coffee
  • Sugar
  • Corn (1) 
  • Soybeans
  • Soybean Meal
  • Wheat
  • Natural Gas
Neutral
  • Soybean Oil
  • Lumber
Up Trend
  • Cocoa
  • Cotton
  • Gold
  • Crude
  • Heating Oil (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

No comments:

Post a Comment