Commodities Update 27 Jun 2020

BDI continues to climb higher to 1,749 (27 Jun) from 1,555 (19 Jun)

Harpex rebounded to 418.96 (19 Jun) from  412.11 (12 Jun)

COT 

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

• Wheat
• Corn (1)
• Soybean Meal
• Palladium (1)
• Natural Gas (1)

Neutral

• None

Up Trend

• Oats (1)
• Soybean Oil
• Feeder Cattle

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 a trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average