Commodities Update 03 Aug 19

BDI continues to pull back, from 1,937 (26 Jul) to 1,788 (02 Aug)
Harpex closed higher from 638.14 (19 Jul) to 666.77 (26 Jul)

COT 

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

• Natural Gas (1) 
• Crude (1) 
• Heating Oil 
• Copper
• Cotton (1)

Neutral

• Orange Juice

Up Trend

• Sugar
• Palladium
• Soybeans
• Soybean Meal
• Lumber
• Feeder Cattle

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