Commodities Update 07 Jan 2023

BDI closed at 1,208 (06 Jan) 

Harpex closed at 1,130 (06 Jan)

CDFI closed at 954.73 (06 Jan) 

CCFI closed at 1,255.89 (06 Jan) 

COT     

Download Commodities COT

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

• Palladium
• Wheat (1)
• Coffee
• Lumber (1)
• Gasoline

Neutral

• Cotton

Up Trend

• Soybeans
• Gold
• Feeder Cattle

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Soybean Meal

Neutral

• None

Down Trend

• Crude

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 are based on 50 Simple Moving Average