Sunday, August 11, 2019

Commodities Update 10 Aug 19

BDI pull back for another week, from 1,788 (02 Aug) to 1,748 (09 Aug)
Harpex closed higher from 666.77 (26 Jul) to 670.94 (02 Aug)

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 (1)
  • Cotton (1)
  • Orange Juice (1)
Neutral
  • Soybeans
  • Soybean Meal
  • Sugar
Up Trend
  • Palladium
  • 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

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