Sunday, May 10, 2020

Commodities Update 09 May 2020

BDI decreased from 665 617 (01 May) to 514 (07 May)
Harpex decreased from 549.87 (24 Apr) to 528.70 (01 May)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Corn (1)
  • Soybean Oil
  • Feeder Cattle
  • Copper
  • Palladium (1)
  • Lumber
  • Cotton
Neutral
  • Natural Gas
Up Trend
  • Oats

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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