Sunday, July 26, 2020

Commodities Update 25 Jul 2020

BDI closed lower from 1,710 (17 Jul) to 1,317 (24 Jul)
Harpex closed higher to 463.10 (17 Jul) from 444.91 (10 Jul)

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

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

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