Commodities Update 23 May 2020

BDI increased to 498 (22 May) from 407 (15 May)
Harpex slided again, from 507.83 (08 May) to 491.43 (15 May)

COT 

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

• Corn (1)
• Wheat
• Soybean Oil
• Soybean Meal
• Feeder Cattle
• Lumber
• Cotton

Neutral

• Natural Gas (1)
• Palladium (1)

Up Trend

• Oats (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