Sunday, March 29, 2020

Commodities Update 28 Mar 2020

BDI closed lower from 625 (20 Mar) to 556 (27 Mar)
Harpex lower for another week, from 638.14 (13 Mar) to 631.58 (20 Mar)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Corn
  • Crude
  • Natural Gas (1)
  • Feeder Cattle (1)
  • Copper
  • Palladium (1)
  • Lumber
  • Cotton
Neutral
  • None
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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