Commodities Update 18 Jul 2020

BDI closed lower for another week from 1,810 (10 Jul) to 1,710 (17 Jul)

Harpex closed higher to 444.91 (10 Jul) from 439.84 (03 Jul)

COT 

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

• Cocoa
• Natural Gas (1)

Neutral

• Oats (1)
• Soybean Meal
• Palladium

Up Trend

• Corn
• Gasoline
• 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