Sunday, August 25, 2019

Commodities Update 24 Aug 19

BDI continues to stay above 2,000 mark,from 2,088 (16 Aug) to 2,168 (23 Aug)
Harpex closed higher from 681.97 (09 Aug) to 690.02 (169 Aug)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Natural Gas (1) 
  • Gasoline
  • Copper (1)
  • Cotton (1)
  • Orange Juice (1)
  • Wheat
  • Soybean Meal
  • Sugar (1) 
Neutral
  • Soybeans
Up Trend
  • Crude (1) 
  • Heating Oil 
  • 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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