Commodities Update 16 May 2020

BDI decreased from 514 (07 May) to 407 (15 May)
Harpex continue to slide, from 528.70 (01 May) to 507.83 (08 May)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Corn (1)
• Soybean Oil
• Feeder Cattle
• Palladium (1)
• Lumber
• Cotton

Neutral

• Natural Gas (1)

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