Commodities Update 04 Nov 2023

BDI closed lower, from 1,563 (27 Oct) to 1,462 (03 Nov)

Harpex closed lower, from 884 (27 Oct) to 873 (03 Nov)

CDFI closed lower, from 1,107.13 (27 Oct) to 1,042.47 (03 Nov)

CCFI closed higher, from 811.5 (27 Oct) to 827.84 (03 Nov)

COT     

Download Commodities COT

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

• Wheat (1)
• Corn (1)
• Soybeans (1)
• Copper
• Palladium
• Gasoline
• Feeder Cattle

Neutral

• Platinum

Up Trend

• None

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

• Natural Gas

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 are based on 50 Simple Moving Averages.