Commodities Update 08 Feb 2020

BDI closed lower from 487 (31 Jan) to 415 (07 Feb)
Harpex closed lower from 708.51 (24 Jan) to 705.53 (31 Jan)

COT 

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

• Soybean Meal
• Natural Gas
• Heating Oil (1)
• Orange Juice
• Feeder Cattle

Neutral

• None

Up Trend

• Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Cocoa
• Rough Rice
• Platinum

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