Sunday, March 15, 2020

Commodities Update 14 Mar 2020

BDI closed higher at 631 (13 Mar) from 617 (06 Mar)
Harpex continues to close lower, from 668.85 (28 Feb) to 651.26 (06 Mar)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Crude
  • Natural Gas (1)
  • Heating Oil (1)
  • Feeder Cattle (1)
  • Copper
  • Orange Juice
Neutral
  • Palladium (1)
Up Trend
  • None

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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