Commodities Update 16 Sep 2023

BDI continued to close higher, from 1,186 (08 Sep) to 1,381 (15 Sep)

Harpex closed lower from 1,034 (08 Sep) to 1,006 (15 Sep)

CDFI closed higher from 1,002.96 (08 Sep) to 1,047.44 (15 Sep)

CCFI closed lower from 890.34 (08 Sep) to 875.21 (15 Sep)

COT     

Download Commodities COT

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

• Wheat
• Corn (1)
• Soybeans
• Coffee
• Palladium (1)

Neutral

• Copper
• Gold

Up Trend

• Gasoline

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

• US Cocoa

Neutral

• Natural Gas

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 are based on 50 Simple Moving Averages.