Sunday, March 8, 2020

Commodities Update 07 Mar 2020

BDI closed higher at 617 (06 Mar) from 535 (28 Feb)
Harpex closed lower from 680.48 (21 Feb) to 668.85 (28 Feb)

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

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