Sunday, February 23, 2020

Commodities Update 22 Feb 2020

BDI closed slightly higher from 425 (14 Feb) to 497 (21 Feb)
Harpex closed lower from 702.00 (07 Feb) to 691.52 (14 Feb)

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

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

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